Long-run economic growth is shown by moving from a point below the production possibilities frontier to a point on the production possibilities frontier.

Name: Long-run economic growth is shown by moving from a point below the production possibilities frontier to a point on the production possibilities frontier.
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Question

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Long-run economic growth is shown by an outward shift of the production possibilities frontier, indicating an increase in an economy's capacity to produce goods and services.

Long-Run Economic Growth Is Shown by Moving from a Point