Technological Change

Question 341

Multiple Choice

Technological change

A) generates economic growth.
B) shifts the PPF leftward.
C) creates inefficiency.
D) Both answers A and C are correct.

Related Questions

Q336: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -As Rainclouds Inc.

Q337: Moving downward along a PPF, the opportunity

Q338: A marginal cost curve<br>A) is upward sloping.<br>B)

Q339: Which of the following describes comparative advantage?<br>A)

Q340: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Employees at Bank

Q342: When producing at a production efficient point,<br>A)

Q343: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above

Q344: When a nation has a comparative advantage

Q345: A key factor that leads to economic

Q346: How do property rights help organize production