Multiple Choice
Economic growth can be seen by an outward shift of __________ .
A) The Production Possibility Frontier
B) The Gross Domestic Barrier
C) The Marginal Consumption Frontier
D) The Minimum Efficient Scale
Correct Answer:
Verified
Correct Answer:
Verified
Q3: Which of the following explains the term
Q4: Economic development means_.<br>A)Economic growth.<br>B)Economic growth plus structural
Q5: The classical theory of economic development is
Q6: The rate of growth of an economy
Q7: Economic development refers to _.<br>A)Economic growth.<br>B)Economic growth
Q9: Which one of the following statements is
Q10: In the Ricardian system, a crucial role
Q11: Ricardo built his theory round .<br>A)Value<br>B)Capital<br>C)Wages<br>D)Natural resources
Q12: Which of the following explains the term
Q13: Economic development is characterized by<br>A)Structural change in