Under the assumption of the PPF, exonomic growth can be represented by which of the following: A. An i ward shift of the production possibility frontier B. A movement along the production possibility frontier C. An outward shift of the production possibility frontier D. A decission by the government to produce inside the production possibility frontier

MACROECONOMICS FOR TODAY
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Chapter20: Growth And Less Developed Countries
Section: Chapter Questions
Problem 13SQ
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Under the assumption of the PPF, exonomic growth can be represented by which of the following:

A. An i ward shift of the production possibility frontier

B. A movement along the production possibility frontier

C. An outward shift of the production possibility frontier

D. A decission by the government to produce inside the production possibility frontier

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