Economic growth | Homeworkmaven.com

assignment no 1
July 20, 2021
Describe the three primary types of information systems and their relationship.
July 20, 2021


Economic growth

I. is represented by an outward shift of the production possibilities curve.

II. is defined in terms of a series of events that increase the economy’s ability to produce

goods and services.

III. refers to a process that increases potential output.

IV. occurs when the economy operates on its production possibilities frontier

I, II, and III

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