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History
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What is the impact of a growth in population on the production possibilities curve (PPC) and future economic growth? Include how it might shift the PPC. (Essay Sample)

Instructions:
# 1 -What is the impact of a growth in population on the production possibilities curve (PPC) and future economic growth? Include how it might shift the PPC. -How are economic resources—their availability and employment—i mpacted by a growth in population? #2 -Is it efficient to allocate resources to the production of such products? Why or why not? -In the production and consumption of these products, is there a unity between private and social interests? Why or why not? -Within the construct of the market system, could an economy influence the allocation of resources across products? How might an economy ensure that? source..
Content:
What is the impact of a growth in population on the production possibilities curve (PPC) and future economic growth? Include how it might shift the PPC Name: University: Course: Tutor: Date: WHAT IS THE IMPACT OF A GROWTH IN POPULATION ON THE PRODUCTION POSSIBILITIES CURVE (PPC) AND FUTURE ECONOMIC GROWTH? A Production Possibility Curve (frontier) indicates the tradeoffs in the production of goods and services. For instance, producing two commodities x and y with adequate labor and capital while holding technology constant, producing more of x, requires that more of capital and labor to be shifted from y to x. This signifies that producing more of x causes less of y to be produced. There are several factors that affect the production of goods and services such as population growth and economic growth of a country (Yanez, 2013). Economic growth refers to the ability of an economy to increase the production of a good or a service with more...
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