Economic growth can be pictured in a production possibilities curve diagram by
A) shifting the production possibilities curve in.
B) shifting the production possibilities curve out.
C) making the production possibilities curve straighter.
D) moving from a point inside the production possibilities curve to a point on the curve.
Correct Answer:
Verified
Q313: In order for a production possibilities curve
Q314: The production possibilities curve (PPC) illustrates economic
Q315: Generally, if a nation produces more consumer
Q316: The use of goods and services for
Q317: Economic growth appears on a production possibilities
Q319: If an economy produces only steel and
Q320: A production possibilities curve will shift inward
A)
Q321: "Because resources are scarce, the production of
Q322: A production possibilities curve will shift outward
Q323: To have more consumer goods in the
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