Go to the CIA World Factbook at https://www.gov/library/publications/the-world-factbook/geos/us.html and answer the following questions related to…
c. Draw a production possibilities curve with “Government Output” on one axis and “Consumer Goods” on the other axis, show the change you discuss above. Use one point on the curve to represent the current year (or the most recent year of the index if it hasn’t been updated yet) and another point to represent the previous year. (Assume that the production possibilities did not shift from the previous year.)
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