Economic growth _______ overcome scarcity because _______.
A) does; we will eventually reach the point where we have too much
B) does not; economic growth requires capital accumulation and technological change
C) does; with economic growth the PPF rotates outward and eventually becomes a vertical line
D) does; with economic growth the PPF rotates outward and eventually becomes a horizontal line
E) does not; we can produce more goods and services but it is still impossible to satisfy all our wants
Correct Answer:
Verified
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