If the resources of an economy are being used inefficiently, it would be
a. possible to increase production of all goods simultaneously.
b. possible to increase production of one good only if production decreased for the other goods.
c. not possible to increase production of any good.
d. not possible to increase economic growth.
e. possible to increase production with no effort.
A
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An increase in autonomous investment in an economy will _____
a. shift the aggregate expenditure line upward b. shift the aggregate expenditure line downward c. result in an upward movement along the aggregate expenditure line d. result in a downward movement along the aggregate expenditure line e. increase aggregate expenditures only at high levels of income
Prices in resource markets
a. provide users with information concerning the relative scarcity of resources. b. encourage the use of a resource now if its price is expected to rise in the future. c. provide suppliers with little incentive to develop more of those resources that are intensely demanded by users. d. have little impact on productive decisions unless they are closely regulated by the government.