Negative economic growth in the long-run can be illustrated in Figure 17.1 by

Name: Negative economic growth in the long-run can be illustrated in Figure 17.1 by
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Negative economic growth in the long-run is shown by a decrease in a country's production capacity which is represented by an inward shift of the production possibilities curve. This means that the economy can produce fewer goods and services than before, indicating a decline in economic output, and consequently, negative growth.

Negative Economic Growth in the Long-Run Can Be Illustrated in Figure