Post a New Question

Economics

posted by .

Which of the following will
not
produce an outward shift of the production possibilities curve?

Reduction in unemployment rate.

How? Wouldn't more employment produce more goods??

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    The economy consists of the following: - working-age population: 20M - full time employment: 8M - part-time employment: 2M (1M of whom wish they had full-time jobs) - unemployment: 1M If 0.6M of those unemployed are frictionally, structurally, …
  2. Economics

    How does increasing or decreasing the quantity of capital goods produced this period affect next period's production possibilities curve and why?
  3. Economics

    How does increasing or decreasing the quantity of capital goods produced this period affect next period's production possibilities curve and why?
  4. Microecomonics (am i right..URGENT PLEASE)

    11. If an economy has to sacrifice increasing amounts of good X for each unit of good Y produced, then its production possibilities curve is: (Points: 3) bowed out from the origin. I PICKED THIS ONE bowed in toward the origin. a straight …
  5. Economics

    Could you please check these thanks. Directions: Supply can decrease and increase depending upon several factors. Also you must put if that factor increase/decreases amount of supply, if the supply curves to the left/right, and if …
  6. Macro economics

    5. The problem of determining what goods and services society should produce: A.exists because we can produce more than we need or want. B.exists because there are not enough resources to provide all the goods and services that people …
  7. Econ

    1.ÊA production-possibilities curve indicates the:Ê A.ÊCombinations of goods and services an economy is actually producing. B.ÊMaximum combinations of goods and services an economy can produce given its available resources and …
  8. econ

    Suppose the country of Maverick has specialized in the production of a good but has not yet entered into trade. At this point in time, Maverick has A. Moved to a level of production outside its production possibilities curve. B. Shifted …
  9. Economics

    In a simple world where resources are abundant a production possibilities frontier between two goods may be a striaght line. In a more developed and populated world it is to bow outward. Explain why.
  10. Economics

    1. An economy's production possibilities frontier is also its consumption possibilities frontier. a. under all circumstances b. under no circumstances c. when the economy is self-sufficient d. when the rate of tradeoff between the …

More Similar Questions

Post a New Question