economic effect on ppc due to various government policies
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55
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It represents economic growth. Economic growth is an increase in what an economy can produce if it is using all its scarce resources. An increase in an economy's productive potential can be shown by an outward shift in the economy's production possibility frontier (PPF).
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31
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The PPC or the Production Possibility Curve is not effected or influenced by the demonetization in India. The demonetization has resulted in a very bad position of the cash which when we get in hand is reduced.
This will eventually lead to PPC being backward. As those assets are not regarded hence PPC isn't affected.
So as the time will pass investment will be reduced and go at a low level which will result in less production.
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