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T / F Economic growth shifts a society’s production possibility frontier away from the origin.

2007-03-01 19:37:24 · 1 answers · asked by JOHN G 2 in Social Science Economics

1 answers

This is true. As an economy grows, the amount of things produced increases. This shifts the production possibilities frontier outward, away from the origin.

2007-03-02 01:34:13 · answer #1 · answered by theeconomicsguy 5 · 0 0

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