An event that allows the economy to operate more efficiently by producing more outputs without using any more inputs is referred to as
Knowledge and skills are part of ________ in an economy
Economic growth is severely impeded in economies
Monopoly profits lead to technological process by
What is the only thing that makes an economy grow in the long run?
Economists suggest that trade’s main advantage is allowing the world to achieve
Among the institutional structures that promote economic growth, most economists would include
If an economy’s production possibilities curve has shifted out, we can unambiguously conclude that: