An improvement in a country's legal system that enhanced the ability of citizens to protect their property rights and enforce contracts would result in which of the following changes to the country's production possibilities curve?

a. a movement from a point on the curve to a point outside the curve
b. a movement from one point to another point along the curve
c. an outward shift of the curve
d. a movement from a point on the curve to a point inside the curve

C

Economics

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What are two ways in which economic growth is generally measured?

What will be an ideal response?

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At any point below the current IS curve, there is an

A) excess demand for goods. B) excess supply of goods. C) excess demand for money. D) excess supply of money.

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