If an economy moves from a point inside the production possibilities curve to a point on the curve:
A) There is increased use of the productive capacity.
B) The level of unemployment has increased.
C) The available resources must have increased.
D) The level of technology must have increased.
Correct Answer:
Verified
Q2: Over the last decade,the world has experienced:
A)
Q3: Which of the following is definitely true
Q4: Long-run economic growth policies focus on:
A) Shifting
Q5: Long-run economic growth is consistent with:
A) Expanding
Q6: The production possibilities curve represents the:
A) Actual
Q8: To produce a combination of goods and
Q9: Long-run macroeconomic policy focuses on shifting the:
A)
Q10: Short-run economic growth comes from:
A) Expanding the
Q11: Which of the following is definitely true
Q12: A major goal of short-run macroeconomic policy
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