A decrease in population shifts the production possibilities frontier outwards over time

The supply of loanable funds can decrease as international and domestic savers send their saving to other international markets

a. True b. False Indicate whether the statement is true or false

(Last Word) The fallacy of composition states that:

A. because economic systems are composed of so many diverse economic units, economic laws are necessarily inexact. B. the anticipation of a particular event can affect the composition of that event when it occurs. C. what is true for the individual must necessarily be true for the group. D. because event A precedes event B, A is necessarily the cause of B.