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1. When would a PPC curve be a straight line rather than a curved bowed out line? (2 marks) b) Discuss the differences calculating the
1.When would a PPC curve be a straight line rather than a curved "bowed out" line? (2 marks)
b) Discuss the differences calculating the GDP using the expenditure approach and income approach. Be specific, do not just write the formula. (4 marks)
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