Question: Which is this graph's name and meaning? 1. PPC or Production of Petroleum Curve, showing the trade-offs between using two types of oil in your
Which is this graph's name and meaning?
| 1. | PPC or Production of Petroleum Curve, showing the trade-offs between using two types of oil in your gas tank with point A meaning your tank is empty. | |
| 2. | MVPYdGDPGDPXYZ Graph. MV + PY = dGDP + GDP + XYZ, this graph shows that money is increasing while GDP is decreasing, making everyone wealthy, at Point Z. | |
| 3. | PPC or Production Possibilities Curve, showing the trade-offs between supplying two products, with Point A on the curve one achievable tradeoff. | |
| 4. | KTG or Keynesian theory graph showing one curve for supply, one curve for demand, and a vertical line where potential or maximum GDP exists at Point a. |
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