• If there were no credit markets, everyone would have to be on the production possibility frontier; there would be no other choice.

    如果没有信贷市场,每个人的收入水平都会落在PPF曲线,别无选择

    youdao

  • But if we have credit markets, then people can individually choose to be off the production possibility frontier and at a higher level of consumption than otherwise would.

    如果存在信贷市场那么个人可以选择超越,PPF曲线范围,达到比没有信贷市场时更高消费水平

    youdao

  • Irving Fisher also drew on the curve, a production possibility frontier for society, which he made downward-curved.

    欧文·费雪曲线,一条社会生产可能性边界向下弯曲。

    youdao

  • Irving Fisher also drew on the curve a production possibility frontier for society, which he made downward-curved.

    欧文·费雪曲线代表社会生产可能性边界P PF,这是一条向下的曲线。

    youdao

  • Irving Fisher also drew on the curve a production possibility frontier for society, which he made downward-curved.

    欧文·费雪曲线代表社会生产可能性边界P PF,这是一条向下的曲线。

    youdao

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