If a society moves from a period of time with full employment to a time with significant unemployment, its producti will Multiple Choice O not shift because the society moves from one point on the curve to a point inside the curve not shift because the society moves from a point inside the curve to a point on the curve. shift leftward

If a society moves from a period of time with full employment to a time with significant unemployment, its producti will Multiple Choice O not shift because the society moves from one point on the curve to a point inside the curve not shift because the society moves from a point inside the curve to a point on the curve. shift leftward

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If a society moves from a period of time with full employment to a time with significant unemployment, its production possibilities curve
will
Multiple Choice
not shift because the society moves from one point on the curve to a point inside the curve
not shift because the society moves from a point inside the curve to a point on the curve.
shift leftward
shift rightward

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