Which of the following would be likely to shift a nation's production possibilities curve outward?
a. a decrease in the production of capital goods
b. an increase in the production of consumer goods
c. an increase in the number of retired workers
d. none of the above
d
Economics
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Which components of aggregate expenditure change as a result of real GDP changing?
A) consumption expenditure, investment, and government expenditure on goods and services B) consumption expenditure and investment C) consumption expenditure and imports D) consumption expenditure and government expenditure on goods and services E) consumption expenditure, investment, and exports
Economics
The Lorenz curve represents: a. the line of perfect inequality
b. the line of perfect equality. c. the nonwage income of households. d. the actual distribution of income.
Economics