SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level (DONEEEEEEE)

» Start this Course
(Practice similar questions for free)
Question:

How can a PPF show Economic Growth -Show both Types: Short and Long

Author: eric_galvao



Answer:

-SHORT Term in the PPF is a Movement from Point A to Point B where the PPF still reamins the Same [No Movement] -LONG Term in the PPF is when the Capacity of the Economy Increases - causing an Outward Shift to the PPF


0 / 5  (0 ratings)


-SHORT Term in the PPF is a Movement from Point A to Point B where the PPF still reamins the Same [No Movement]
-LONG Term in the PPF is when the Capacity of the Economy Increases - causing an Outward Shift to the PPF
1 answer(s) in total