
-Refer to the above diagram.If the production possibilities curve of an economy shifts from AB to EF,it is most likely the result of what factor affecting economic growth?
A) a supply factor
B) a demand factor
C) an efficiency factor
D) an allocation factor
Correct Answer:
Verified
Q37: Q38: Which of the following statements is correct? Q41: Refer to the diagram below.A shift in Q42: Q43: Economic well-being in Canada is understated by Q45: A supply factor in economic growth would Q48: Economic well-being in Canada is overstated by Q73: Suppose total output (real GDP) is $4000 Q74: Suppose total output (real GDP) is $10,000 Q77: Economic growth can be portrayed as a(n):![]()
A)![]()
A)outward
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