Examlex
Hypermnesia illustrates the concept that seemingly forgotten information can be made accessible under the right conditions.
Production Efficiency
A situation where the economy is utilizing all of its resources efficiently, producing what people want at the lowest possible cost.
Production Possibility Frontier
Describes the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.
Unemployment Rate
The percentage of the labor force that is jobless and actively looking for employment.
Ppf
Production Possibility Frontier, a curve depicting all maximum output possibilities for two or more goods given a set of inputs.
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