A lot of people died and many factories were destroyed in an earthquake. How will it affect the production possibility curve (PPC) of the economy(use diagram)
It's for 5 marks, and please don't spam, and I want the answer as soon as possible, please help me out!
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The PPC of the economy will shift to its left as there is decrease in availability of resources and accordingly possibility to produce maximum reduces due to destruction of resources.
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