A move from an abnormally high rate of unemployment toward a more typical level of unemployment would:
A)shift the production possibilities curve inward.
B)shift the production possibilities curve outward.
C)move society from a point inside the production possibilities curve toward the curve.
D)move society from a point on the production possibilities curve to a point beyond the production possibilities curve.

Question

A move from an abnormally high rate of unemployment toward a more typical level of unemployment would:
A)​shift the production possibilities curve inward.
B)​shift the production possibilities curve outward.
C)​move society from a point inside the production possibilities curve toward the curve.
D)​move society from a point on the production possibilities curve to a point beyond the production possibilities curve.

Quizplus · Accepted Answer

A move from an abnormally high rate of unemployment toward a more typical level of unemployment would utilize more of the economy's resources, moving society from a point inside the production possibilities curve (where not all resources are fully utilized) toward the curve (where resources are efficiently utilized).

A Move from an Abnormally High Rate of Unemployment Toward