Solved

An Increase in the Rate of Economic Growth Curve Could

Question 28

Multiple Choice

An increase in the rate of economic growth curve could be caused by all of the following except


A) a national tax that encourages all employers to provide more training and education for employees which leads to an across-the-board upgrade of the skill level of the nation's workforce.
B) a movement along the production possibilities curve so that the society produces more consumer goods and less capital goods.
C) an increase in immigration that increases the country's labor force by 20 percent.
D) an increase in research and development spending for space technology that improves the quality of the nation's capital stock.

Correct Answer:

verifed

Verified

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

Related Questions