Examlex
Which of the following agricultural practices is recommended because it can improve the environment?
Inner Loop
In the context of the circular-flow diagram, it refers to the flow of goods and services from firms to households and the corresponding flow of money from households to firms.
Inputs And Outputs
The resources used in the production process (inputs) and the goods or services produced (outputs) in an economic system.
Production Possibilities Frontier
A curve depicting all maximum output possibilities for two goods, given a set of inputs and technology.
Available Resources
The assets, materials, and inputs that are available for use in the production of goods and services.
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