Economic growth can be shown by
A) the production possibilities curve becoming flatter.
B) the production possibilities curve becoming steeper.
C) a rightward shift in the production possibilities curve.
D) an increase in the price level.
Correct Answer:
Verified
Q7: Investment spending
A) is a component of aggregate
Q8: Small differences in economic growth rates add
Q9: Economic growth is defined as
A) the increase
Q10: When there is economic growth, it is
Q11: When there is economic growth is a
Q13: Which of the following does NOT contribute
Q14: Economic growth
A) is always positive.
B) is always
Q15: A 1% change in the annual growth
Q16: Investment in human capital
A) has no effect
Q17: Which one of the following is TRUE?
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents