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Using relevant diagrams, show how each of the events below will affect the nation's production possibilities curve (PPC). i. Covid-19 may have infected 10% of
Using relevant diagrams, show how each of the events below will affect the nation's production possibilities curve (PPC).
i. Covid-19 may have infected 10% of Malaysia's population.
ii. The unemployment rate has significantly dropped from 4.5% to 0% of total labour force.
iii. Digital technology changes at an incredibly fast pace and improves economic activities.
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