________ is defined as a sustained ________ in the price level

In the figure above, how can the economy represented by the production possibilities frontier move from point C to point F?

A) Increase the available amount of resources. B) Increase the level of technology. C) Redistribute the existing resources to produce more apples and fewer oranges. D) First move to point B and then move to point F.

The system of accounts for each country, based on the circular flow, whose purpose is to measure the level of economic activity is called:

A) the underground economy. B) national income accounting. C) bookkeeping. D) none of the above.