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Which of the Following Statements Is Not Correct

Question 138

Multiple Choice

Which of the following statements is not correct?


A) An increase in a nation's labor supply will cause its potential output to increase.
B) Economic growth can be illustrated by an expansion of a nation's production possibilities curve.
C) An increase in the quantity of a nation's resources will cause economic growth, but an increase in the quality of resources will not.
D) New technologies or new ways of producing output can cause a nation's production possibilities curve to shift outward.

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