use a ppf to explain the difference between, Microeconomics

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use a ppf to explain the difference between

Use a PPF to explain the difference between actual and potential growth.

The PPF shows possible output, taking into consideration all factors of production - but de facto output is determine by a point on or within the PPF.

Actual growth means that the point moves outwards, whereas potential growth is shown by an outward shift in the PPF.

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