Economy, asked by arumughan7391, 10 months ago

Unemployment is reduced due to the measure taken by the govt state its economic value in the context of PPC

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Answered by spyanan555

Answer:

Unemployment is reduced due to the measures taken by the government. ... As the government starts employment generation schemes, the unemployed resources get utilized. In a situation of full employment the economy would move to a point on the PPC. Hence, economic value is reflected in terms of increased output and income.

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