1 Remember that production is a flow: It is so many units per period of time. For example, when
we say that production rises from 100 to 101 units, we mean that the rate of production has risen
from 100 units each period to 101 units each period.
1 Remember that production is a flow: It is so many units per period of time. For example, when
we say that production rises from 100 to 101 units, we mean that the rate of production has risen
from 100 units each period to 101 units each period.