Question

Explain using a PPC(production possibility curve), what happens to the economy when the number of graduates increase

Answer 1

Answer:

HOPE IT HELPS U DEAR ..

Explanation:

the country experiences more unemployment, then the unemployment rate goes up. That means the labor force is shrinking, so more people are not working and not being productive. This would decrease the output of the nation, and shift the production possibilities curve inward, or to the left.

Answer 2

Answer:

With the increase in graduates there is one problem and one good thing the problem Is that with the increase in graduates and lack of jobs unemployment is created while the good thing is that the with increase in graduates the youngsters have increase their mental development