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PPF - Growth Analysis
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Problem 10
PPF - Growth Analysis
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12. Productivity and Economic Growth / PPF - Growth Analysis / Problem 10
Problem 10
How does economic growth affect the Production Possibilities Frontier (PPF)?
A
It only affects the production of consumer goods, not capital goods.
B
It causes no change to the PPF.
C
It causes an inward shift, reducing the production of both capital and consumer goods.
D
It causes an outward shift, allowing for increased production of both capital and consumer goods.
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