Examlex
Given the following data, calculate the five-year moving averages for years 6 through 10.
1776
The year marked by the Declaration of Independence of the United States, symbolizing a significant historical event rather than an economic term.
Production Possibilities Frontier (PPF)
A curve depicting all maximum output possibilities for two goods, given a set of inputs.
Maximum Benefit
The highest level of satisfaction or utility that a consumer can achieve with their available resources.
International Trade
The swapping of merchandise and services between nations.
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