How is an immediate effect of an increase in unemployment illustrated on a
production possibility curve diagram?
A a movement of the production point closer to the curve
B a movement of the production point further inside the curve
C a shift of the production possibility curve inwards
D a shift of the production possibility curve outwards
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Answer:
B
Explanation:
the point inside the production possibility curve shows umployment or underutilization of resources
if that point is very near to origin and below or inside the curve
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