As an economy's capital stock increases, the economy
A) gains an absolute advantage in the production of capital goods.
B) experiences economic growth.
C) generally decides to engage in international trade.
D) generally experiences increased unemployment of other resources, such as labour.
Correct Answer:
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Q49: Economic growth is the result of all
Q50: Q51: A nation's production possibilities frontier is bowed Q52: Marginal cost Q53: When economic growth occurs, the Q55: A computer software program is most strongly Q56: Tom takes 20 minutes to cook an Q57: In March a factory used new technology Q58: Individual economic decisions are coordinated by Q59: If property rights are not clearly defined
A)remains constant as more is produced.
B)decreases
A)production possibilities frontier
A)governments through
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