1- If an economy is producing on its production-possibilities curve, then producing more of one good implies shifting the curve toward the origin. * True False 2- Beirut's decision to control apartment rents is an example of Government intervention. * True False 3- The unemployment rate in Lebanon increased to 6.6 percent in the last year: this is a macroeconomic statement. *

1- If an economy is producing on its production-possibilities curve, then producing more of one good implies shifting the curve toward the origin. * True False 2- Beirut's decision to control apartment rents is an example of Government intervention. * True False 3- The unemployment rate in Lebanon increased to 6.6 percent in the last year: this is a macroeconomic statement. *

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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