One of the true statement would be: <span>A pound of flour from the Fluffy Flour Company will be the same weight as a pound of flour from another company.
Standard of measurement is a form of measurement that would be acceptable and had an exact same value no matter where the measurement is taken.
Another example would be on fighter's weigh in.
No matter which country the fighter came from, they stil use the same KG or Lbs measurement for the weight class.</span>
To be on ppf, the conditions that must hold true will be something like :
- Factors of productions must have increasing returns
- The amount of labor will be similar to the amount of responsibilities.
- There should be capital growth
C the end of Reconstruction
Bank failures because banks didn’t have a backup plan to ensure that everyone may get their money.