When the production possibility frontier shifts out relatively more in one direction,we have
A) biased growth.
B) unbiased growth.
C) immiserizing growth.
D) balanced growth.
E) imbalanced growth.

Question

Quizplus · Accepted Answer

Biased growth occurs when the production possibility frontier shifts out more in one direction than the other. This means that the economy is becoming more specialized in one industry or sector, which can have positive or negative effects depending on various factors such as international trade and domestic demand.

When the Production Possibility Frontier Shifts Out Relatively More in One