Multiple Choice
If country A has been investing a larger proportion of its domestic output than Canada has, then, we would expect:
A) a higher rate of growth of domestic output in country A than in Canada.
B) greater rightward shifts in country A's production possibilities curve as compared to Canada.
C) that in the long run living standards would rise more rapidly in country A than in Canada.
D) all of the above to happen.
Correct Answer:

Verified
Correct Answer:
Verified
Q29: A major argument for economic growth is
Q211: Unemployment and/or productive inefficiencies:<br>A)cause the production possibilities
Q212: Recessions are characterised by points that are
Q213: Refer to the table below.According to the
Q214: Opportunity cost is best defined as:<br>A)marginal cost
Q215: Markets usually do a good job of
Q217: All of the following could immediately or
Q218: Consumers spend their incomes to get the
Q220: Assume that if the interest rate that
Q221: Which of the following statements, if any,