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PPF - Outward Shifts
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Problem 6
Problem 7
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Problem 9
PPF - Outward Shifts
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2. Introductory Economic Models / PPF - Outward Shifts / Problem 6
Problem 6
What does an outward shift in the PPF signify about an economy's productivity and growth potential?
A
It signifies increased productivity and greater potential for economic growth.
B
It signifies no change in productivity or growth potential.
C
It signifies a shift in consumer preferences.
D
It signifies decreased productivity and limited growth potential.
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