Unemployment is reduced due to the measure taken by the govt state its

1.	Unemployment is reduced due to the measure taken by the govt state its economic value in the context of PPC
Answer» Answer: Unemployment is reduced due to the MEASURES TAKEN by the GOVERNMENT. ... As the government starts employment generation schemes, the UNEMPLOYED resources get utilized. In a situation of full employment the economy would move to a point on the PPC. Hence, economic value is reflected in TERMS of increased output and income. Explanation:

Unemployment is reduced due to the measure taken by the govt state its economic value in the context of PPC

Answer»

Answer:

Unemployment is reduced due to the MEASURES TAKEN by the GOVERNMENT. ... As the government starts employment generation schemes, the UNEMPLOYED resources get utilized. In a situation of full employment the economy would move to a point on the PPC. Hence, economic value is reflected in TERMS of increased output and income.

Explanation:

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Unemployment is reduced due to the measure taken by the govt state its economic value in the context of PPC

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