"Massive unemployment will shift the PPC to the left", defend or refut

1.	"Massive unemployment will shift the PPC to the left", defend or refute.
Answer» <html><body><p></p>Solution :This <a href="https://interviewquestions.tuteehub.com/tag/statement-16478" style="font-weight:bold;" target="_blank" title="Click to know more about STATEMENT">STATEMENT</a> is refuted. Massive unemployment is due to inefficient <a href="https://interviewquestions.tuteehub.com/tag/use-1441041" style="font-weight:bold;" target="_blank" title="Click to know more about USE">USE</a> of <a href="https://interviewquestions.tuteehub.com/tag/resources-11387" style="font-weight:bold;" target="_blank" title="Click to know more about RESOURCES">RESOURCES</a> which does not decrease the capacity of economy to produce. Therefore, there will be not shift of PPC. The economy will operate <a href="https://interviewquestions.tuteehub.com/tag/inside-1045864" style="font-weight:bold;" target="_blank" title="Click to know more about INSIDE">INSIDE</a> the PPC due to underutilisation of resources.</body></html>

"Massive unemployment will shift the PPC to the left", defend or refute.