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The top documents tagged [capital goods consumer]
Opportunity Cost to every decision! Production Possibilities Curve Assumptions: FE/Y Fixed Q of Resources and Technology *Represents: possible combinations
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Production Possibilities When faced with SCARCITY of resources, decisions have to be made about how to use those resources Trade-offs Opportunity Costs
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1.Production Possibilities Frontier 2.Supply and Demand 3.Currency Market 4.AD-AS Model 5.Loanable Funds Model 6.Phillips Curve 7.Money Market
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Macroeconomic Policy Objectives AS Economics. Aims and Objectives Aim: Understand two macroeconomic objectives. Objectives: Define policy instruments
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