PPF Inward Shift - Theme 1 Micro
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PPF Inward Shift - Theme 1 Micro
For most countries, the production possibility frontier (PPF) will shift outwards over time reflecting an increase in potential output of goods and services. But for others, there are risks that long-term growth can be damaged. One example is the consequences of de-population which leads to a shrinking active labour force.
Oct 5, 2018
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