Answered: On a PPF graph, unemployment of workers…

On a PPF graph, unemployment of workers is repres A point inside (to the left of) the PPF An inward shift of the PPF (down and left) O A point outside (to the right of) the PPF

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

On a PPF graph, unemployment of workers is represented by
O A point inside (to the left of) the PPF
An inward shift of the PPF (down and left)
O A point outside (to the right of) the PPF
O An outward shift of the PPF (up and right)

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