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Refer to the production possibilities frontiers below.Panel A illustrates _______ economic growth and Panel B illustrates _______ economic growth.
Revenue
Income that a business receives from its normal business activities.
Recorded
The action of documenting financial transactions in accounting records to keep an accurate and organized track of a company's financial activities and position.
Cash Received
The total amount of money, including cash, checks, and electronic transfers, that is received by a business during a specified period.
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