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If Canadian lumber is sold in year 1 for 5,500 CAD, what is the price in year 2?
If Canadian lumber is sold in year 1 for 5,500 CAD, what is the price in year 2? [A] 5,698 CAD [B] 7,700 CAD [C] 7,977 CAD [D] $7,977 [E] 5,500 CAD 103. Which of the following will not cause an outward shift of a PPC? [A] An increase in the amount of a nation"s human capital [B] A reduction in the amount of unemployed resources [C] An increase in natural resources [D] An increase in capital resources [E] An increase in a nation"s technological know-how 104. What do economists mean when they refer to the idea of the invisible hand?