Multiple Choice
An increase in the unemployment rate from 15 percent to 20 percent might be illustrated as:
A) a movement up and to the left from one point along the production possibilities curve to another.
B) a movement from a point on the production possibilities curve to an interior point.
C) a movement from an interior point to a point on the production possibilities curve.
D) a movement from a point inside the production possibilities curve to one closer to the origin.
Correct Answer:

Verified
Correct Answer:
Verified
Q153: Which of the following would not shift
Q154: Which of the following is an example
Q155: Since resources are not equally substitutable across
Q156: If the production possibilities curve is a
Q157: Exhibit 3-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-5
Q159: Which of the following is an incorrect
Q160: The production possibilities curve is:<br>A)a graph that
Q161: An economy's production possibility curve will be
Q162: A decrease in the unemployment rate from
Q163: Exhibit 3-13 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-13