Steadily improving improvements in technology, all else fixed, will result in....?

Steadily improving improvements in technology, all else fixed, will result in a- A steadily falling price level with no change in output b- No change in the price level and steadily increasing output c- Persistent deflation d- Steadily rising price level inflation and steadily increasing output An increase... show more Steadily improving improvements in technology, all else fixed, will result in
a- A steadily falling price level with no change in output
b- No change in the price level and steadily increasing output
c- Persistent deflation
d- Steadily rising price level inflation and steadily increasing output

An increase in the money supply will cause which of the following to occur
a- A leftward shift of the aggregated demand curve
b- A leftward shift of the aggregate supply curve
c- A rightward shift of the aggregate demand curve
d- A rightward shift of the aggregate demand curve

Economic growth will tend to be higher in a country that
a- Does not grant patents to investors
b- Has an undeveloped system of property rights
c- Has an open economy that encourages the rapid spread of technology
d- Has a low saving rate

A decrease in u.s. prices relative to Europeans prices
a- Will increase u.s. imports from Europe
b- Will decrease u.s. exports to Europe
c- Will decrease European exports to the united states
d- Will not affect u.s. trade with Europe

Using a production possibilities curve, economic growth is represented by
a- An outward shift in the curve
b- A movement along the curve
c- An inward shift of the curve
d- A pivot of the curve

Which of the following factors are considered by economists who study economic development to be directly related to the rate of economic growth?
a- Plentiful natural resources
b- An educated population
c- Openness to international trade
d- All of the above are correct
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