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How Might an Increase in the Unemployment Rate from 15

Question 109

Multiple Choice

How might an increase in the unemployment rate from 15 percent to 20 percent be illustrated?


A) as a movement from a point interior to the production possibilities curve to one closer to the origin
B) as a movement from a point on the production possibilities curve to an interior point
C) as a movement to the northwest from one point along the production possibilities curve to another
D) as a movement from an interior point to a point on the production possibilities curve

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