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3 Cards in this Set
- Front
- Back
- 3rd side (hint)
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PPF
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Product Possibilities Frontier
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The Product Possibilities Frontier is a (right angle) diagram depicting a y and x axis. y = goods/services and x = goods/services helping depict the trade offs and opportunity costs.
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The three "ways of looking at things"
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Economic methods, Macroeconomics, and Microeconomics
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who was the founding father of economics
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Adam smith
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