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With actual production of 15 Gizmos and 150 Widgets, this economy is not performing on its PPB. This combination of products places this economy within
With actual production of 15 Gizmos and 150 Widgets, this economy is not performing on its PPB. This combination of products places this economy within the production possibility area away from PPB, which implies that there is unemployment (60 workers) in this economy
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How Social Forces Impact The Economy
Authors: Steven Pressman
1st Edition
1000062899, 9781000062892
