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1.MacroeconomicsReviewDraw a PPF for guns and butter and show the following concepts: - opportunity cost - actual output - potential output - point of efficiency - point…

Documents Week One Lecture Prof Paulone How does an economic system work when it is functioning properly? ...

Week One Lecture Prof Paulone How does an economic system work when it is functioning properly? What mechanisms of social cooperation do we depend upon? John Maynard Keynes…