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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Economics

ISBN: 9781259723223

21st Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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