________ a nation's production possibilities frontier represents economic growth.

Question

Quizplus · Accepted Answer

An outward shift of a nation's production possibilities frontier (PPF) represents economic growth. This means that a country is able to produce more goods and services using the same resources as before, indicating an increase in its productive capacity. An inward shift of the PPF would represent a decrease in productive capacity, while moving up or down along the PPF would represent efficient use of resources, but not necessarily economic growth.

________ a Nation's Production Possibilities Frontier Represents Economic Growth