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

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

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: 978-1259450242

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

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Question Posted: Apr 24, 2018 07:27 AM

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

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The economy produces output from resource input s like land labor a...View the full answer

Microeconomics Principles, Problems and Policies

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