20) Which of these is NOT a factor of economic growth?

decrease in the savings rate

investment in human capital

increase in the capital stock

increase in the size of the labor force

29) Which are the principal resources that can be changed through actions taken by the government?

labor and entrepreneurial ability

capital and entrepreneurial ability

capital and labor

labor and land

34) Industries at a comparative disadvantage may find it necessary to decrease their workforce.

False

True

35) A curve of which shape reflects the reality that most goods are better suited for specific sorts of production?

convex possibilities frontier

downward-sloping production possibilities frontier

straight-line production possibilities frontier

concave production possibilities frontier