Question

Positive economic growth is realized when a country's production possibilities curve
(frontier) shifts outwards, however, can be calculated as the percentage increase in
either the real gross domestic product or the real gross domestic product per capita.

Answer 1

Answer:

True

Explanation:

It is TRUE that Positive economic growth is realized when a country's production possibilities curve

(frontier) shifts outwards.

This is evident in the fact that the outwards shifts of the production possibilities curve of a country indicate an increase in output or production level of that country.

Also, such production possibilities can indeed be estimated as the percentage increase in either the real gross domestic product or the real gross domestic product per capita.