Examlex
Some people think that schools should compete for students by opening up a free market for public education. They are likely to support __________.
Production Possibilities Frontier
A curve depicting all maximum output possibilities for two goods, given a set of inputs consisting of resources and other factors.
Economic Growth
A rise in the output of goods and services in the economy, measured from one time period to another.
Consumer Goods
Items bought by the typical consumer for their own use, encompassing long-lasting items, perishable products, and various services.
Capital Goods
Physical assets that a company uses in the production process to manufacture products and services that consumers will later use.
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