Examlex
To which of the following might political action committees (PACs) invest their contributions in order to maximize their political influence?
Production Possibilities Frontier
A curve depicting the maximum viable combination of two products that can be produced in an economy, assuming all resources are fully and efficiently utilized.
Economize
To reduce expenses or to use resources carefully and efficiently to reduce waste and save money.
Full Production
The level of production where a company uses all its resources efficiently.
Unemployment Rate
The part of the labor force that is without employment but is actively interested in finding a job.
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