Cryptocurrency Q&A
What happens to PPC in a recession?
What happens to PPC in a recession?
DongdaemunTrendsetting
Wed Oct 23 2024
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6 answers
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I'm wondering how PPC performs during an economic recession. Will it be affected, and if so, what kind of impact will it face? I'd like to understand the general trends and possibilities.
6 answers
Daniele
Fri Oct 25 2024
This situation leads to a shift towards a point inside the Production Possibility Curve (PPC), exemplified by point X.
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Martino
Fri Oct 25 2024
A decline in output below its potential level triggers a recession.
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Elena
Thu Oct 24 2024
This increase signifies a shift from a lower point, like point X, to a higher point, such as point Y.
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Martina
Thu Oct 24 2024
As a result, a negative output gap emerges.
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JejuSunshine
Thu Oct 24 2024
During a recession, an economy operates below its full capacity.
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