Economic growth can be depicted as

A. an inward shift on the production possibilities curve.
B. an outward shift on the production possibilities curve.
C. a movement down on the production possibilities curve.
D. a movement up on the production possibilities curve.

Answer: B

Economics

You might also like to view...

What are the automatic stabilizers the United States has in place, and how do they function differently from discretionary fiscal policy?

What will be an ideal response?

Economics

Who decides control of a corporation?

What will be an ideal response?

Economics