-Refer to the above diagram.Assume a nation's current production possibilities are represented by the curve AB.Positive economic growth would best be indicated by a:
A) shift in the curve from AB to CD.
B) shift in the curve from AB to EF.
C) movement from point 1 to point 2.
D) movement from point 3 to point 4.
Correct Answer:
Verified
Q57: Q59: Which of the following is correct? Q63: Real GDP or total output in any Q64: Between 1945 - 2011,the labour force in Q71: The historical reallocation of labour from agriculture Q76: Economic growth can best be portrayed as Q78: The achievement of full employment through time Q84: The most important contributor to increases in Q86: Over the past half century the growth Q96: Between 1946 - 2011, the annual Canadian
A) total
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