When the production possibility curve shifts outwards, th...
When the production possibility curve shifts outwards, the economy experiences
Growth
Over-production
Inefficient use of resources
Under-production
Correct answer is A
When the curve shifts outward, or to the right, that means output is increasing.
External economies occur when ...
In the demographic transition theory, stage II represents a stage where ...
A country's terms of trade can be improved by________? ...
The price index computed between two time periods is given as 128%,This implies that the ...
The difference between the number of immigrants and emigrants is ...
The regulatory authority of the capital market in Nigeria is the ...
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The privatization exercise in Nigeria is a move towards a___________ ...