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Can a ppf bow inward

Updated: 9/18/2023
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Q: Can a ppf bow inward
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Explain what shift the product possibility frontier outward and what shift is inward?

economic growth, will shift the PPF outward, because the income will increase.


How a war in us affect the PPF?

War has two distinct effects on the PPF of a nation. Assuming the homeland of the nation at war were vulnerable to attack the entire PPF would shift inward as factories fell prey to enemy attacks - this was not the case for the US during WWII. WWII did not cause an inward shift of the PPF for the US because the mainland was not subject to attack. Production in the US was subject to the second effect of war on the production of a nation, the productive resources were shifted toward materiel for the war effort. This is not an outward shift of the PPF in any way, it is a movement along the PPF in favor of war machines at the cost of consumer goods. It is this second effect that enables countries to produce more war goods despite shrinking overall productivity than the country did in peace.To reiterate, you must remember to treat the two effects of war on a nation's PPF separately because they are distinct effects. Changes in the overall PPF are a result of acts of war (e.g. bombing factories) whereas movements along the PPF are the result of being in warfare (i.e. a given factory now produces tanks instead of cars


Why is PPF negatively sloped?

why PPF in economics is negatively sloped


When was PPF - company - created?

PPF - company - was created in 1991.


Balance of ppf account?

When you open your PPF Account you will get a pass-book which will be updated everytime you make a transaction. These days, when you open a PPF account, the balance is available online. Check with the bank that helped you open the PPF Account. They will help you with it


What is the difference straight ppf and concave ppf?

If the opportunity cost is constant, the PPF is a straight line; when the opp. cost of a good rises when it is produced more, then concave.


What causes ppf to be a straight line?

when the oppotunity cost is a constant the PPF will be a stright line


What does PFF mean in economics?

You must mean PPF? PPF: Production Possibilities Frontier.


Do company require PPF registration?

No. PPF is a voluntary contribution scheme and company's are not required to register.


What is the journal entry for Provident fund in accounts?

Salary a/c Dr. To employee a/c To ppf a/c ppf a/c (employer)Dr ppf a/c (employee)Dr To bank a/c


What are the three coordination tasks of any economy?

Reaching the PPF, Deciding which point on the PPF, How and how much to distribute to consumers


What does ppf stand for?

Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive. The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.