menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    The Economy Today
  4. Exam
    Exam 2: The Useconomy: a Global View
  5. Question
    Economic Growth
Solved

Economic Growth

Question 72

Question 72

Multiple Choice

Economic growth


A) Is an increase in output or real GDP.
B) Causes a contraction in the production possibilities curve.
C) Involves reduced capacity in the short run.
D) None of the choices are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q67: Production processes that use a high ratio

Q68: The government intervenes in the economy to

Q69: Whenever technology advances,an economy can produce more

Q70: The United States has roughly how much

Q71: A capital-intensive production process is one that<br>A)Has

Q73: The term externalities refers to<br>A)Only positive benefits

Q74: Education and training are examples of investment

Q75: According to the World View chart in

Q76: Government intervention is sometimes used to reduce

Q77: Approximately how much of the world's output

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines