Question 1 (3 points) Economic growth is an increase in a nation's output of goods and services over time. OTrue False Question 2 (3 points) Economic growth usually can be achieved without investing in new resources. True False Question 3 (3 points) Economic growth causes the production possibilities frontier to contract True False Question 4 (3 points) People's skills, abilities, health knowledge, and motivation all add up to entrepreneurship. True False

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Question 1 (3 points) Economic growth is an increase in a nation's output of goods and services over time. OTrue False Question 2 (3 points) Economic growth usually can be achieved without investing in new resources. True False Question 3 (3 points) Economic growth causes the production possibilities frontier to contract True False Question 4 (3 points) People's skills, abilities, health knowledge, and motivation all add up to entrepreneurship. True False

Answer 1

Question 1 (3 points)Economic growth is an increase in a nation's output of goods and services over time.TrueQuestion 2 (3 points)Economic growth usually can be achieved without investing in new resources.FalseQuestion 3 (3 points)Economic growth causes the production possibilities frontier to contractFalseQuestion 4 (3 points)People's skills, abilities, health knowledge, and motivation all add up to entrepreneurship.True

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