Solved

-If the Economy Were at Full Employment and Now Producing

Question 158

Multiple Choice

   -If the economy were at full employment and now producing at point Y, A) the unemployment rate would increase. B) the unemployment rate would decrease. C) the production possibilities frontier would have shifted inward. D) the production possibilities frontier would have shifted outwarD. E) there would be a movement along the frontier.
-If the economy were at full employment and now producing at point Y,


A) the unemployment rate would increase.
B) the unemployment rate would decrease.
C) the production possibilities frontier would have shifted inward.
D) the production possibilities frontier would have shifted outwarD.
E) there would be a movement along the frontier.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents