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  • Macroeconomics
    The production possibility frontier (PPF) is the curve on a graph that represents all the combinations of production that can be generated. The area below the curve represents inefficient...

    Asked by enotes on via web

    1 educator answer.

  • Social Sciences
    I assume that the “you” in this question would refer to some part of the government. This would be something like a central bank or the national legislature. This is because it is only...

    Asked by barbiedot on via web

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  • Business
    The business cycle is a concept that encompasses the economic behavior of an entire economy over extended periods of time. The business cycle is a way of measuring and explaining historic behavior...

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  • Social Sciences
    One way this scenario of reduced demand might occur is through fossil fuel consumption reform in which costly fossil-fuel subsidies were cut. This reform might have implications on the import and...

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  • Social Sciences
    This is a question about how to close a contractionary gap in an economy. It is asking whether the government should be passive or active in trying to close that gap. A passive approach relies on...

    Asked by jayburkett5 on via web

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  • Macroeconomics
    There are two ways to answer this question. One focuses on the mathematical reason and one focuses on the logic that explains why the multiplier cannot be less than 1. First, let us look at the...

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  • Macroeconomics
    This is a great question. If there is going to be economic growth in America, then there are three key components, according to most economists. First and this is the most important - we need to...

    Asked by jkayemba on via web

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