By using all available resources and technology the economy will:
A) Shift aggregate supply to the right.
B) Shift the production possibilities curve to the right.
C) Experience long-run economic growth.
D) Produce at a point on the production possibilities curve.
Correct Answer:
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Q15: A sustained increase in total output is
Q16: The alternative combinations of goods and services
Q17: Short-run economic growth focuses on:
A) Using all
Q18: A major goal of long-run economic policy
Q19: Which of the following is true if
Q21: In addition to generating more output,economic growth
Q22: Economic growth is a(n)_ process.
A) Constant
B) Exponential
C)
Q23: Real GDP is the most effective measure
Q24: GDP per capita is the best measurement
Q25: Which of the following is the best
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