From tutor2u comes this great article about the UK PPC
http://www.tutor2u.net/blog/index.php/economics/comments/did-you-feel-the-shift/
a) Define a PPC
b) Why has the UK PPC shifted outwards?
c) Does this represent an increase in actual or potential output? Explain your answer
d) Draw a diagram to show the effect of this change in legislation
Sunday, July 19, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment