If an economy is experiencing unemployment,it is operating at a point

Name: If an economy is experiencing unemployment,it is operating at a point
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Operating below its PPC means that the economy is not fully utilizing its resources, including labor. If there is unemployment, it means there are workers who are willing and able to work but cannot find jobs, indicating that the economy is not producing at its maximum potential. Therefore, the economy is operating at a point below its PPC.

If an Economy Is Experiencing Unemployment,it Is Operating at a Point