Ask Question
17 August, 09:47

Where is unemployment such that employment is below the full-employment level plotted on a production possibilities frontier?'?

+4
Answers (1)
  1. 17 August, 10:49
    0
    Such employment would fall outside the production possibilities curve as the values plotted on that curve would be the minimum unemployment levels. The usual figure to use is % unemployment so most likely the differing levels shown would be for unemployment ie 10% above the curve and say 5 % on the curve.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Where is unemployment such that employment is below the full-employment level plotted on a production possibilities frontier?'? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers