Economy, asked by alexislike122, 6 months ago

a country experiences a fall in unemployment .how would this be shown on a ppc diagram

Answers

Answered by divyanshi13161
2

Answer:

If there is unemployment, resources will not be utilized upto it's potential. When production is below it's potential due to unemployment, it would mean that the concerned economy is operating inside the PPC curve. There will be no shift in the PPC since resources and technology is same.

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