The addition of new resources often enables a nation to
a. produce more goods and services
b. produce less goods and services
c. produce more goods but fewer services
d. invade other nations and steal their resources
Ans: a. produce more goods and services
Economics
You might also like to view...
In an open economy, an increase in savings because of concerns about the future should cause the domestic real interest rate to ________ and should cause net exports to ________
A) rise; rise B) rise; fall C) fall; rise D) fall; fall
Economics
A natural monopoly market is characterized diseconomies of scale over the entire range of output.
Answer the following statement true (T) or false (F)
Economics