The figure given below represents the PPC in two nations

Question

The figure given below represents the PPC in two nations - Germany and Korea, producing only two goods, cars and food.Figure 2.4
 
-Economic growth can be illustrated by an outward shift of the PPC.

Quizplus · Accepted Answer

Economic growth refers to an increase in a nation's production capacity, which can be represented by an outward shift of the PPC. This means that the country is able to produce more of both goods, indicating an increase in productivity and efficiency.