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Assume an economy consists of two people, Thelma and Louise. Thelma can produce A beers per hour or B donuts per hour, and Louise can
Assume an economy consists of two people, Thelma and Louise. Thelma can produce A beers per hour or B donuts per hour, and Louise can produce C beers or D donuts per hour. The numbers, A, B, C and D will be chosen soon. Both Thelma and Louise work 8 hours per day. Graph Thelma's and Louise's production possibilities frontier
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Reform Of The International Monetary System An Asian Perspective
Authors: Masahiro Kawai, Mario B Lamberte, Peter J Morgan
1st Edition
4431550348, 9784431550341
