The big picture marcoeconomics 12e parkin chapter 02

15 367 1
The big picture marcoeconomics 12e parkin chapter 02

Đang tải... (xem toàn văn)

Tài liệu hạn chế xem trước, để xem đầy đủ mời bạn chọn Tải xuống

Thông tin tài liệu

... measure the quantity of one good on the xaxis and the quantity of the other good on the y-axis Plot the quantities in each row of the table Figure 2.1 illustrates Jane’s Island’s PPF b The opportunity... smaller the additional increase in the production of the one good will be and the larger the decrease in the production of the other good You can bring in the relationship of slope and opportunity... simply, the traditional example of “guns versus butter”) Then draw another PPF for a country that is about twice the size of the first, but with the same degree of concavity as the PPF for the first

Ngày đăng: 16/04/2018, 10:28

Từ khóa liên quan

Mục lục

  • I. Production Possibilities and Opportunity Cost

  • Production Efficiency

  • Tradeoff Along the PPF

  • Opportunity Cost

  • Increasing Opportunity Costs

  • II. Using Resources Efficiently

  • Preferences and Marginal Benefit

  • Allocative Efficiency

  • III. Economic Growth

  • The Cost of Economic Growth

  • A Nation’s Economic Growth

  • IV. Gains from Trade

  • Comparative Advantage and Absolute Advantage

  • Achieving the Gains from Trade

  • V. Economic Coordination

  • Firms and Markets

  • Property Rights and Money

  • Circular Flows Through Markets

  • Coordinating Decisions

Tài liệu cùng người dùng

Tài liệu liên quan