
-Economic growth can be portrayed as a:
A) rightward shift of the production possibilities curve
B) leftward shift of the production possibilities curve
C) movement from a point on to a point inside a production possibilities curve
D) movement from one point to another point on a production possibilities curve
E) a clockwise rotation of the production possibilities curve
Correct Answer:
Verified
Q82: The achievement of full employment through time
Q83: Labour productivity may be defined as:
A)real output
Q84: Ceteris paribus,if a full-employment economy reallocated a
Q85: In a full-employment economy,added capital formation requires:
A)more
Q86: Critics of economic growth:
A)contend that growth and
Q88: Labour productivity is measured by:
A)the ratio of
Q89: The most likely cause of a shift
Q90: Economic growth is best represented by a:
A)shift
Q91: Those in favour of economic growth indicate
Q92: Which of the following has made the
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