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-Refer to Figure 14

Question 49

Multiple Choice

  -Refer to Figure 14.1. In the diagram the economy would move from point B to point D if: A)  labour inputs increased and technology improved. B)  capital stock increased but technology did not change. C)  labour and capital inputs both declined. D)  capital stock increased and technology improved.
-Refer to Figure 14.1. In the diagram the economy would move from point B to point D if:


A) labour inputs increased and technology improved.
B) capital stock increased but technology did not change.
C) labour and capital inputs both declined.
D) capital stock increased and technology improved.

Correct Answer:

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