Answered

Get expert insights and community support for your questions on IDNLearn.com. Discover comprehensive answers from knowledgeable members of our community, covering a wide range of topics to meet all your informational needs.

If a production possibilities curve shifts outward, that is a sign of:

A. efficiency
B. inflation
C. development
D. economic growth

Sagot :

GinnyAnsweridn

Final answer:

An outward shift in a production possibilities curve signifies economic growth by allowing the economy to produce more goods and services.


Explanation:

Economic growth implies an outward shift in an economy's production possibilities curve. Increasing the quantity or quality of factors of production and/or improving technology will shift the curve outward, allowing the economy to produce more goods and services. This process is termed economic growth.


Learn more about Economic Growth and Production Possibilities Curve here:

https://brainly.com/question/10656745


Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Your search for solutions ends here at IDNLearn.com. Thank you for visiting, and come back soon for more helpful information.