Multiple Choice
When economic growth occurs, the
A) economy moves along its production possibilities frontier.
B) production possibilities frontier shifts outward.
C) production possibilities frontier becomes steeper.
D) production possibilities frontier shifts outward but no longer limits the amount that can be produced.
Correct Answer:
Verified
Related Questions
Q294: After Hurricane Katrina devastated parts of Mississippi
Q295: 4 Economic Growth
-An expansion of the production
Q296: Economic growth can be represented by
A) a
Q297: A key factor that leads to economic
Q298: In order to achieve the maximum gains