Examlex
Explain why you might have to wait a long time to get a web page from a server in your own city.
Economy Grows
The increase in the production of goods and services over a period, indicating economic health.
Outward Shift
A term often used in economics to describe a situation where a curve, such as the supply or demand curve, moves away from the origin, indicating an increase in supply or demand.
Production Possibility Frontier
A curve depicting the maximum achievable combination of two goods that can be produced with available resources and technology.
Technological Improvements
Advancements or enhancements in technology that lead to more efficient processes, better products, or improved ways of doing things.
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