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

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