Economic growth occurs when a. there is an increase in the inflation rate. b. there is an increase in the amount of capital. c. there is an increase in the unemployment rate. d. the production possibilities curve becomes flatter.

Economic growth occurs when

a. there is an increase in the inflation rate.

b. there is an increase in the amount of capital.

c. there is an increase in the unemployment rate.

d. the production possibilities curve becomes flatter.

 

answer:

Answer:- Economic growth occurs when

Correct Answer:-
b. there is an increase in the amount of capital.

Reason:- Economic growth refers to an increase in real national income over a period of time.

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