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Technological Progress Shifts the Production Possibility Curve Away from the Origin

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Technological progress shifts the production possibility curve away from the origin.


Definitions:

Life Expectancies

The average period that an individual is expected to live based on demographic factors such as current age, gender, and health.

Ethnicity

A category of people who identify with each other based on shared attributes such as culture, language, values, or ancestral origins.

Infant Mortality Rate

The statistical measure of deaths of infants under one year old per 1,000 live births.

Life Expectancy

The average period that an individual is expected to live, based on statistical analysis, often influenced by factors like genetics, lifestyle, and healthcare access.

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