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The government has started promoting foreign …

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The government has started promoting foreign capital. What is its economic value in the context of production possibilities frontier?
  • 1 answers

Yogita Ingle 6 years, 11 months ago

As the government has started promoting foreign capital, it will lead to an increase in the availability of resources, thereby shifting the Production Possibility Curve (PPC) parallelly to the right. Hence, an economic value is reflected in terms of increased output and resources.

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