Examlex
CRT monitors use digital signals to display images, which allows for sharper images.
Technology Improvement
Enhancements in technology that lead to more efficient production processes, higher quality products, or new products and services.
Per-worker Production
A measure of productivity calculated by dividing the total output by the number of workers.
Production Possibilities Frontier
A curve depicting all maximum output possibilities for two goods, given a set of inputs and production technology.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, often measured by GDP.
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