contestada

Economic growth can best be portrayed as a:

a. Leftward shift of the production possibilities curve
b. Movement from a point inside to a point outside of the production possibilities curve
c. Movement from a point near the vertical axis to a point near the horizontal axis on the production possibilities curve
d. Rightward shift of the production possibilities curve

Respuesta :

Answer:

The correct answer is letter "D": Rightward shift of the production possibilities curve.

Explanation:

The Production Possibility Frontier (PPF) implies that as many jobs and resources as possible are produced at the maximum level. That maximizes jobs and reduces unused resources. This ideal state can generally not be attained but is seen as a goal.

Plotted in a graph, the PPF curve displays a mix of goods that can be produced and their ideal volumes of production. Shifts of the PPF curve to the right imply growth while shifts leftwards imply a slow down in production.