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The production possibility frontier is the reflection of the maximum productive potential of an economy. Any point on the curve shows a combination of two goods that an economy can produce given that all ...

The fundamental rule to keep in the back of your head is 'whatever happens to one side must happen to the other'. This way we can be sure that whatever is on the left hand side of the equals sign will be ...

The first step in biology is always to make sure you understand and always use specialist biological terms - it's often said you almost learn more vocab in biology A level than you do in French, ...

Define what investment is: spending by firms on capital goods (eg. machinery). Then analyse the effect of the change in the question: Investment is component of the equation Y=C+I+G+NXIncreasing investmen...

Stationary points of an equation are found where the gradient of the tangent at this point equals zero. A diagram can illustrate this. To find them differentiate the given equation (which gives the gradie...