Strategy for developing answers Your goal is to demonstrate your understanding of the material. You want to focus on thoroughly and completely presenting the information Make a list of the key things you want to include Put in Outline format Add content to each point on your list When you have a good answer, have someone provide suggestions for improvement.

Thoroughly and completely explain the Production Possibilities Model Thoroughly and completely explain the Production Possibilities Model. Including but not limited to the following: a. List and explain the assumptions of the model b. List and explain the related concepts that were included with the discussion of the model c. Explain how it can be used to describe the current state of the US economy. d. Draw and correctly label this model.