An increase in production possibilities is known as
A)Predictable growth.
B)Factor expansion.
C)Upward mobility.
D)Economic growth.

Name: An increase in production possibilities is known as A)Predictable growth. B)Factor expansion. C)Upward mobility. D)Economic growth.
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Question

Quizplus · Accepted Answer

An increase in production possibilities is known as Economic growth. It refers to an increase in the capacity of an economy to produce goods and services, measured by the expansion of its production possibilities curve.

An Increase in Production Possibilities Is Known as