What is the effect of unemployment on the ppc???
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#So, Thé ÃnSwer is -- PPC shows the production possibilities of the goods that can be produced within the given resource. Massive unemployment is a situation of wastage of human resources which means there is an under utilization of resources, and in this case PPC will not shift anywhere but this point lies within the PPC.
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#Here Is Your Answer!!
#So, Thé ÃnSwer is -- PPC shows the production possibilities of the goods that can be produced within the given resource. Massive unemployment is a situation of wastage of human resources which means there is an under utilization of resources, and in this case PPC will not shift anywhere but this point lies within the PPC.
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PPC shows the production possibilities of the goods that can be produced within the given resource. Massive unemployment is a situation of wastage of human resources which means there is an under utilization of resources, and in this case PPC will not shift anywhere but this point lies within the PPC
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