When a nation experiences economic growth:
A) its production possibilities curve shifts outward.
B) its production possibilities curve shifts inward.
C) it has been able to reach full employment.
D) it has moved to a more consumer-oriented position on its production possibilities curve.
Ans: A) its production possibilities curve shifts outward.
Economics
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When Jane Brown writes a $100 check to her nephew and he cashes the check, Ms. Brown's bank ________ assets of $100 and ________ liabilities of $100
A) gains; gains B) gains; loses C) loses; gains D) loses; loses
Economics