24. In a graphic relationship, movements along a curve are caused by: a) the hei

Question

24. In a graphic relationship, movements along a curve are caused by: a) the height of the curve. b) the same factors that cause a shift in the curve. c) a change in any variable not measured on the axes of the graph. d) a change in one of hte variables measured on the axes of the graph.

51. The production possibilities curve represents the fact that: a) the economy will automatically end up at full employment. b) an economy's productive capacity increases proportionally with its population.
c) if all resources of an economy are being used, more of one good can be produced only if less of another good is produced. d) economic production possibilities have no limit

83. the basic economic differences amony nations throught history concerning institutions, philosophy, and ideology mainly focus on:
a) unemployment and inflation b) the ownership of factors of production and how they are coordinated in economic activity. c) the relative shares of agriculture, industry, and service sectors. d) the opportunity for social mobility.

Thanks

Explanation / Answer

24. D 51. C 83. B

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