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Author Question: Economic growth may be represented by a(n): a. leftward shift of a production possibilities curve. ... (Read 147 times)

formula1

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Economic growth may be represented by a(n):
 a. leftward shift of a production possibilities curve.
  b. outward shift of a production possibilities curve.
  c. movement along a production possibilities curve.
  d. production possibilities curve that remains fixed.

Question 2

Which of the following cause(s) economic growth?
 a. c and d.
  b. d and e.
  c. The production of more scarce goods
  d. A technological improvement
  e. The production of more capital goods



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Answer to Question 1

b

Answer to Question 2

b





 

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