Capital accumulation causes the production possibilities curve to shift inward over time

a. True
b. False
Indicate whether the statement is true or false

False

Economics

You might also like to view...

All the decisions made by people who operate firms have one overriding objective, which is to ________

A) make maximum attainable profit B) maximize the firm's total revenue C) maximize the firm's market share D) maximize the quantity that the firm sells

Economics

What is the maximum value of the Lerner index?

A) Infinity B) 100 C) Two D) One

Economics