When the production possibility curve shifts outwards, th...
When the production possibility curve shifts outwards, the economy experiences
Growth
Over-production
Inefficient use of resources
Under-production
Correct answer is A
When the curve shifts outward, or to the right, that means output is increasing.
The main difference between a private and a public enterprises is the ...
The most threatening problem for the less developed countries is? ...
Import substitution policy is used to ...
The demand for a good is price inelastic if ...
Two goods, X and Y, are said to be complementary when? ...
Banks aid economic expansion and development by ...
The organisation of productive factors is the reponsibility of the? ...