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what does The law of increasing opportunity costs states
The Law of Increasing Opportunity Costs states that as you increase production of one good, the opportunity cost to produced the additional good will increase.
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Asked 1/22/2014 1:07:17 PM
Updated 1/22/2014 3:27:02 PM
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The Law of Increasing Opportunity Costs states that as you increase production of one good, the opportunity cost to produced the additional good will increase.

Added 1/22/2014 3:27:02 PM
This answer has been confirmed as correct and helpful.
Rated good by andrewpallarca, Confirmed by andrewpallarca [1/22/2014 3:29:29 PM]
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1. In the circular flow model, the value of total income for an economy _____ the value of total production.
Weegy: In the circular flow model, the value of total income for an economy EQUALS the value of total production. (More)
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Updated 1/22/2014 10:54:00 AM
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2. The GDP deflator is a measure of the
Weegy: Deflator is defined as a statistical tool used to convert current dollars into inflation-adjusted dollars, [ in order to compare prices over time after factoring out the overall effects of inflation. Read more: ] User: 3. The period between a business cycle peak and a business cycle trough is called Weegy: The period between a business cycle peak and a business cycle trough is called the contractionary phase (More)
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Updated 1/22/2014 8:11:52 PM
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The GDP deflator is an economic measure that tracks the cost of goods produced in an economy relative to the purchasing power of the dollar.
Added 1/22/2014 8:11:52 PM
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Confirmed by Kaysha [1/22/2014 8:16:24 PM], Rated good by Kaysha
Expansionary policy
Weegy: An example of expansionary fiscal policy would be Answer. A decrease in government spending and increase in taxes User: Contractionary policy Weegy: Expansionary monetary policy is simply a policy which expands (increases) the supply of money, whereas contractionary monetary policy contracts (decreases) the supply of a country's currency. User: how does a stimulus program (through the money multiplier) affect the money supply (More)
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Updated 1/17/2014 2:23:06 PM
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'Expansionary Policy'

A macroeconomic policy that seeks to expand the money supply to encourage economic growth or combat inflation (price increases).

Added 1/17/2014 2:19:28 PM
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A contractionary policy is a kind of policy which lays emphasis on reduction in the level of money supply for a lesser spending and investment thereafter so as to slow down an economy.

Added 1/17/2014 2:23:03 PM
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