What is the impact of a growth in population on the production possibilities curve (PPC) and future economic growth? Include how it might shift the PPC.

What is the impact of a growth in population on the production possibilities curve (PPC) and future economic growth? Include how it might shift the PPC Name: University: Course: Tutor: Date: WHAT IS THE IMPACT OF A GROWTH IN POPULATION ON THE PRODUCTION POSSIBILITIES CURVE (PPC) AND FUTURE ECONOMIC GROWTH? A Production Possibility Curve (frontier) indicates the tradeoffs in the production of goods and services. For instance, producing two commodities x and y with adequate labor and capital while holding technology constant, producing more of x, requires that more of capital and labor to be shifted from y to x. This signifies that producing more of x causes less of y to be produced. There are several factors that affect the production of goods and services such as population growth and economic growth of a country (Yanez, 2013). Economic growth refers to the ability of an economy to increase the production of a good or a service with more resources, better resources and better technology. Therefore, it signifies that an increase in economic growth leads to an increas...