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The Existence of Unemployment Can Be Illustrated on a Production

Question 192

Multiple Choice

The existence of unemployment can be illustrated on a production possibilities curve by a(n)


A) point below or inside the surface of the curve.
B) inward shift of the curve.
C) movement down along the curve if consumer goods are represented on the vertical axis and capital on the horizontal axis.
D) movement up along the curve if consumer goods are represented on the vertical axis and capital on the horizontal axis.

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