What does a production possibilities frontier represent?
The combinations of output that an economy can produce.
Economics
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Net unilateral transfers
A) are part of a national income. B) are part of a country's product. C) must be added to NNP in calculations of national income. D) are part of a country's GNP. E) Only A and C.
Economics
Increases in productivity are not responsible for increased standards of living in the United States
a. True b. False Indicate whether the statement is true or false
Economics