1 both the production of goods and services and the, Ask an Expert

Economics

1) Both the production of goods and services and the unemployment rate are used to measure? A. Business cycle B. productivy C. the interest rate D.inflation

2. In a simple circular-flow diagram, who buys the factors of production?

A. households only B. firms only C. Both households and firms D.neither households or firms

3. A production possibilities frontier shifts outward when

a. The economy experiences economic growth

b. the desires of the economy's residents change

c. natural disasters occur

d. oppurity cost increases

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91824029

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