7. What are the two major ways in which an economy can grow and push out its...

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7. What are the two major ways in which an economy can grow and push out its production possibilities curve? LO1.7

a. Better weather and nicer cars.

b. Higher taxes and lower spending.

c. Increases in resource supplies and advances in technology.

d. Decreases in scarcity and advances in auditing.

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Microeconomics Principles, Problems, And Policies

ISBN: 9781259915727

21st Edition

Authors: Campbell McConnell

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Question Posted: Sep 28, 2024 11:00 AM

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Microeconomics Principles, Problems, And Policies

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