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-Which of the Follow Statements Is True

Question 225

Multiple Choice

  -Which of the follow statements is true? A)  If output went from point A to point B in Figure A the economy would not experience economic growth. B)  The economies in Figure A and Figure B are both growing because more of Good X and Good Y are produced at point B than at point A. C)  The economy in Figure B would have grown if the level of production stayed at point A after the production possibilities curve shifted to the right. D)  None of the above.
-Which of the follow statements is true?


A) If output went from point A to point B in Figure A the economy would not experience economic growth.
B) The economies in Figure A and Figure B are both growing because more of Good X and Good Y are produced at point B than at point A.
C) The economy in Figure B would have grown if the level of production stayed at point A after the production possibilities curve shifted to the right.
D) None of the above.

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