Economic growth can be represented by
A) an outward shift of the production possibilities frontier (PPF).
B) an inward shift of the production possibilities frontier (PPF).
C) a movement down the production possibilities frontier (PPF).
D) a movement up the production possibilities frontier (PPF).

Question

Quizplus · Accepted Answer

Economic growth is represented by an outward shift of the production possibilities frontier (PPF), indicating an increase in the economy's capacity to produce goods and services.

Economic Growth Can Be Represented by