contestada

a nation achieves economic growth when its: select one: a. sum of goods and services produced exceeds the level of neighboring countries. b. nominal gdp increases from one year o the next c. production possibilities frontier shifts outward. d. real gdp has reached a peak in the business cycle.

Respuesta :

A nation achieves economic growth when its production possibilities frontier shifts outward.

Option C is correct.

What is economic growth in a country?

Economic growth measured as an increase of person  real income refers to  that the ratio between people's income and the prices of what they can purchase  is increasing: goods and services become more affordable, people becomes less poor.

What causes economic growth?

There are two main sources of economic growth: growth in the size of the workforce and growth in the productivity of that workforce. Either can increased the overall size of the economy but  strong productivity growth may increase per capita GDP and income.

Learn more about Economic growth:

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