Which of the following describe two ways to show economic growth in a graphical model?
Choose 1 answer:
(A) An outward shift of the production possibilities curve (PPC); a shift to the right of the long-run Phillips curve (LRPC)
(B) A movement from the interior of a production possibilities curve (PPC) to the curve; a shift to the right of aggregate demand (AD)
(c) A shift to the right of the long-run aggregate supply (LRAS) curve; a shift outward of the production possibilities curve (PPC)
(D) A shift to the right of the long-run aggregate supply (LRAS) curve; a shift to the right of aggregate demand (AD)
(E) A shift to the right of the long-run Phillips curve (LRPC); a shift to the right of the short-run Phillips curve (SRPC)
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