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ECON 112: Principle of Macroeconomic: Chapter 5 - Chapter 6
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The production possibilities curve shows what an economy...?
The production possibilities curve shows what an economy...?
is capable of producing
What is the economy's capacity to produce at full employment better know as?
What is the economy's capacity to produce at full employment better know as?
Potential GDP
how is economic growth portrayed on a production possibilities diagram?
how is economic growth portrayed on a production possibilities diagram?
a shift out of the curve
Flip
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