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2. Draw a first standard PPF graph for the U.S. economy representing the following paragraph from the article. Name the graph as USGDP ( draw
2. Draw a first standard PPF graph for the U.S. economy representing the following paragraph from the article. Name the graph as USGDP (draw arrows in the graph to signal movement from one point to another if needed):
U.S. gross domestic product fell at 9.5% drop compared with the prior quarter. The figures were the steepest declines in more than 70 years of record-keeping. reflected the deep hit to consumer and business spending from lockdowns, social distancing and other initiatives aimed at containing the virus.
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