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Author Question: Assuming an economy is already experiencing full employment, then it must produce more consumer ... (Read 54 times)

Kikoku

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on: Jun 30, 2018
Assuming an economy is already experiencing full employment, then it must produce more consumer goods and fewer capital goods if it wishes to experience greater rates of economic growth over time.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A nation's current location on its production possibilities curve can determine the future location of that nation's production possibilities curve.
 a. True
  b. False
  Indicate whether the statement is true or false


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flannelavenger

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

True


Kikoku

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Reply 2 on: Jun 30, 2018
Wow, this really help

Chelseyj.hasty

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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