Match each of the numbered items in the list with the numbers in the drop-down menus:an increase in teen-agers with part-time jobsv an increase in consumer spendinga downward correction in thev new technology affecting only one industryestimated oil reservesa level of production that requires more factors of productionthan what is available.v reduced production in both products1. outward shift of the curve2. a rotation in the curve3. a point inside the curve4. a point outside the curve5. inward shift of the curve6. a move along the curve

At the point when the curve moves outward the result and real GDP increment at a given cost.…

Match each of the numbered items in the list with the numbers in the drop-down menus: an increase in teen-agers with part- time jobs an increase in consumer spending a downward correction in the estimated oil reserves new technology affecting only one industry a level of production that requires more factors of production than what is available. v reduced production in both products 1. outward shift of the curve 2. a rotation in the curve 3. a point inside the curve 4. a point outside the curve 5. inward shift of the curve

Match each of the numbered items in the list with the numbers in the drop-down menus: an increase in teen-agers with part- time jobs an increase in consumer spending a downward correction in the estimated oil reserves new technology affecting only one industry a level of production that requires more factors of production than what is available. v reduced production in both products 1. outward shift of the curve 2. a rotation in the curve 3. a point inside the curve 4. a point outside the curve 5. inward shift of the curve

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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