Shifting the Production Possibilities Curve - Macro Topic 1.2 (Micro Topic 1.3)

Mr. Clifford explains the production possibilities curve and how it shifts due to changes in resources, technology, and trade. He provides examples to illustrate these shifts and discusses the impact of various scenarios on the curve, such as technological advancements, resource destruction, unemployment, and education improvements.

How does unemployment affect the production possibilities curve?

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Describe the impact of an increase in education on the production possibilities curve.

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