If a country's production possibilities curve gets more bowed out over time,we know that
A) resources have become more highly specialized.
B) society is learning to use its resources more efficiently.
C) the quantity of labour and capital have increased.
D) technological change has taken place.
Correct Answer:
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Q72: If a country increases the production of
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Q74: Economy A and Economy B have the
Q75: The more goods and services a society
Q76: If individual X has a comparative advantage
Q78: A production possibilities curve that is bowed
Q79: If all resources are perfectly adaptable for
Q80: The principle of comparative advantage implies that
Q81: International trade allows the world to
A)move away
Q82: A pure capitalist economy would be
A)a system
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