characteristic of pp curve
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Production possibility curve or production frontier refers graphically to all the possible combinations of maximum amounts of two goods which can be produced with the available productive resources of an economy.
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what are the use of national income accounting?
National income accounting is a term that refers to measuring the health of an economy, the economic activity, and the forecasted growth and development during a particular time period. Activities such as domestic revenue, wages to foreign and domestic employees, sales, and income taxes are all included
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