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Massive unemployment will shift the PPF to the lift. Defend or refute. |
Answer» <html><body><p></p>Solution :The given statement is refutes. Massive <a href="https://interviewquestions.tuteehub.com/tag/unemployment-1437065" style="font-weight:bold;" target="_blank" title="Click to know more about UNEMPLOYMENT">UNEMPLOYMENT</a> does not decreases the <a href="https://interviewquestions.tuteehub.com/tag/capacity-908575" style="font-weight:bold;" target="_blank" title="Click to know more about CAPACITY">CAPACITY</a> of economy to <a href="https://interviewquestions.tuteehub.com/tag/produce-1167752" style="font-weight:bold;" target="_blank" title="Click to know more about PRODUCE">PRODUCE</a>. So, there will be no shift of PPF. <a href="https://interviewquestions.tuteehub.com/tag/however-1032379" style="font-weight:bold;" target="_blank" title="Click to know more about HOWEVER">HOWEVER</a> economy will <a href="https://interviewquestions.tuteehub.com/tag/operate-586874" style="font-weight:bold;" target="_blank" title="Click to know more about OPERATE">OPERATE</a> at some point inside the PPF due to utilization of human resources.</body></html> | |