4. Shifts in production possibilities Suppose the fictional country of Haleakala produces two types of goods: agricultural and capital. The following diagram shows its CL possibilities frontier for rye, an agricultural good, and electric generators, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a time-saving innovation in the manufacturing of generators. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired por snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther.

Q: normative economics define and give example

A: Normative economics: - Normative economics is that branch of economics that passes value judgments…

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A:

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Q: Which one is not issued in Macroeconomics

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Q: List the four factors of production

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