1- If an economy is producing on its production-possibilities curve, then producing more of one good implies shifting the curve toward the origin. * True False 2- Beirut's decision to control...


1- If an economy is producing on its production-possibilities curve, then<br>producing more of one good implies shifting the curve toward the origin. *<br>True<br>False<br>2- Beirut's decision to control apartment rents is an example of Government<br>intervention. *<br>True<br>False<br>3- The unemployment rate in Lebanon increased to 6.6 percent in the last year:<br>this is a macroeconomic statement.<br>True<br>False<br>

Extracted text: 1- If an economy is producing on its production-possibilities curve, then producing more of one good implies shifting the curve toward the origin. * True False 2- Beirut's decision to control apartment rents is an example of Government intervention. * True False 3- The unemployment rate in Lebanon increased to 6.6 percent in the last year: this is a macroeconomic statement. True False

Jun 07, 2022
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