Examlex
The slope of the PPF can be expressed as:
Billion People
A quantity representing a thousand million individuals, often used in demographics to indicate significant portions of the global population.
GDP Growth
The rate at which a country's Gross Domestic Product (GDP) increases over a certain period, reflecting the economic health and prosperity of the nation.
Annual Rate
A percentage rate that represents the amount of interest or growth expected over the course of a year.
Balance of Payments Surplus
A situation in which the total amount of money coming into a country from abroad exceeds the total amount of money going out.
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