This topic contains a solution. Click here to go to the answer

Author Question: The ability of an economy to produce greater levels of output in the same period of time is called: ... (Read 112 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
The ability of an economy to produce greater levels of output in the same period of time is called:
 a. positive economics.
  b. negative economics.
  c. economic growth.
  d. marginal productivity.

Question 2

Over time, an increase in a nation's stock of physical capital will:
 a. shift the production possibilities curve inward.
  b. cause an economy to operate inside its production possibilities curve.
  c. shift the production possibilities curve outward.
  d. eliminate the basic economic problem of scarcity.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jbrasil

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

c

Answer to Question 2

c




misspop

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library