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Economic growth occurs when a nation's total output of goods and services increases over time. TRUE or FALSE.
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Asked 8/1/2016 12:30:05 PM
Updated 8/1/2016 10:04:38 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by jeifunk [8/1/2016 10:04:09 PM], Edited by jeifunk [8/1/2016 10:04:32 PM]
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User: Economic growth occurs when a nation's total output of goods and services increases over time. TRUE or FALSE.

Weegy: Economic growth occurs when a nation's total output of goods and services increases over time. TRUE.



User: The circular flow of economic activity describes an economy that is free of markets. TRUE or FALSE.

Question
Asked 8/1/2016 12:30:05 PM
Updated 8/1/2016 10:04:38 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by jeifunk [8/1/2016 10:04:09 PM], Edited by jeifunk [8/1/2016 10:04:32 PM]
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The circular flow of economic activity describes an economy that is free of markets. TRUE.
Added 8/1/2016 10:04:38 PM
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use of fewer resources than the economy is capable of using
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Not Answered
Updated 8/1/2016 4:50:15 PM
1 Answer/Comment
Use of fewer resources than the economy is capable of using UNDERUTILIZATION.

Added 8/1/2016 4:50:15 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [8/2/2016 1:04:21 AM]
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