Question:

If a country is subject to increasing opportunity costs, its national supply curve will have a ........ slope

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a. flat

b. positive

c. negative.

d. bowed out

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2 ANSWERS


  1. b. positive

    It is just common upward-sloping aggregate supply curve. It also is "bowed-out", but this effect is limited and not complete - so this-one is false.


  2. Positive and bowed out.

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