Economic growth appears on a production possibilities curve as
A) the curve shifting out away from the origin.
B) the curve shifting in toward the origin.
C) a change in the slope of the curve.
D) the points outside the production possibilities curve.
Correct Answer:
Verified
Q312: 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 Q318: Economic growth can be pictured in a Q319: If an economy produces only steel and Q320: A production possibilities curve will shift inward Q321: "Because resources are scarce, the production of Q322: A production possibilities curve will shift outward
A)
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