An Unemployment Rate of 9 Percent in Canada Means

Multiple Choice

An unemployment rate of 9 percent in Canada means:

A) that Canada is at a point to the right of its production-possibilities curve.
B) that population increases are necessary in order to reach maximum production.
C) that Canada can only be producing at a point on its production-possibilities curve if technological change occurs.
D) that Canada is producing at a point to the left of its production-possibilities curve.