lectur12-page44 - b. If resources are currently fixed, this...

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44 2.Improvements in Physical efficiency (New Technology!, Enhanced Productivity!) a. increase (units of output / units of input)
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Unformatted text preview: b. If resources are currently fixed, this is one way to shift the PPC outward to achieve economic growth....
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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