Question

_____ a nation's production possibilities frontier represents economic growth

A. Moving down along
B. Moving up along
C. An inward shift of
D. an outward shift of

Answer 1

Answer:

D. an outward shift of

Explanation:

The Production Possibility Frontier (PPF) curve of a country shows the various quantity of two products that the country can produce efficiently using the same limited resources.

It indicates proper allocation of resources and efficient production of goods and services in an economy.

When the PPF curve shifts outwards, it represents economic growth.