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"Epicurious" is a website where recipes are posted by the site owner and individual cooks. Using a "four-fork" rating system, users rate and comment on these recipes for ease or difficulty in preparation, the taste of the finished dish, and whether or not they would use the recipe again. What type of social media website is "Epicurious?"
Production Possibilities Curve
A graph that shows the various combinations of outputs that an economy can possibly produce, given the available factors of production and technology.
Unemployment
A situation where individuals who are capable of working and willing to work are unable to find suitable employment.
Economic Improvement
The increase in overall economic health, usually marked by factors such as GDP growth, higher living standards, and reduced poverty rates.
Frontier
In economic terms, the frontier represents the maximum production capacity or efficiency that can be achieved with the current technology and resources.
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