The production possibilities frontier is the line that shows the maximum possible output for that economy. Efficiency means using resources in such a way as to maximize the production of goods and services. An economy producing output levels on the production possibilities frontier is operating efficiently.
Children reinforce and punish each other for gender behaviors.
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Answer: (1) Monetary (2) Federal Reserve
Explanation:
Monetary policy
Monetary policy establishes the link between the inflation rate and aggregate expenditure that determines the slope of the AD curve. Central banks set interest rates to control the inflation rate based on an inflation rate target.