ECON MACRO
5th Edition
ISBN: 9781337000529
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 2, Problem 3.8P
To determine
Impact on PPF due to an increase in average length of annual vacations.
Concept Introduction:
It is a curve which shows the maximum possible output of two goods with the given set of efficiently used inputs.
b)
To determine
Impact on PPF due to an increase in immigration
c)
To determine
Impact on PPF due to a decrease in the average age of retirement.
d)
To determine
Impact on PPF due the migration of skilled workers to other countries.
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