Answer:
a. 1, 2, 5, and 6 only
Explanation:
1. Improvements in technology.
2. Increases in the supply (stock) of capital goods.
3. Purchases of expanding output.
4. Obtaining the optimal combination of goods, each at least-cost production.
5. Increases in the quantity and quality of natural resources.
6. Increases in the quantity and quality of human resources.
The set of items in the accompanying list that would move an economy from a point inside its production possibilities curve to a point on its production possibilities curve are factors 1, 2, 5, and 6 only
Factors that trigger economic growth by moving the economy from a point inside its production possibilities curve to a point on its production possibilities frontier are namely: Technology, Natural Resources, Human resources and Increases in the supply (stock) of capital goods.
More than 75 percent of the world's income is earned by what percentage of the world's population?a. 10 percentb. 40 percentc. 20 percentd. 5 percent