Examlex
The process that involves the union of a sperm and an egg is known as:
Owns No Resources
The condition of not having access to or control over any assets, capital, or means of production.
Production Possibilities Frontier
A curve that shows the different combinations of various goods that a country can produce given certain resources and technology.
Full Employment
Employment level when there is no cyclical unemployment.
Command Economy
An economic system where the government makes all decisions regarding what goods should be produced, how they should be produced, and who gets them.
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