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Assume an Economy Is Incurring Unemployment and Failing to Realize

Question 102

Multiple Choice

Assume an economy is incurring unemployment and failing to realize least-cost production.The immediate effect of resolving these problems will be to:


A) move the level of actual output closer to the economy's production possibilities curve.
B) create a less equal distribution of income.
C) shift its production possibilities curve to the left.
D) shift its production possibilities curve to the right.

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