Economic growth comes from .
A) producing more goods than people want to consume
B) capital accumulation and the avoidance of opportunity cost
C) capital accumulation and technological advance
D) people willing to increase their skills in which case, economic growth is free
Correct Answer:
Verified
Q271: Capital accumulation
A) shifts the production possibilities frontier
Q272: Economic growth can be represented by
A) an
Q273: The production possibilities frontier shifts as
A) the
Q274: In March a factory used new technology
Q275: Suppose the United States discovers a way
Q277: An economy that uses new technology .
A)
Q278: Economic growth is the result of all
Q279: After Hurricane Katrina devastated parts of Mississippi
Q280: Economic growth can be pictured in a
Q281: The tradeoff between current consumption and the
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