Unemployment is reduced due to the measures taken by the government. S

1.	Unemployment is reduced due to the measures taken by the government. State it's economic benefits in terms of PPF. Draw and show its effect on PPF.(Economics)
Answer» Answer: A production possibility frontier (PPF) shows the maximum POSSIBLE output COMBINATIONS of two goods or SERVICES an economy can achieve when all RESOURCES are fully and efficiently employed

Unemployment is reduced due to the measures taken by the government. State it's economic benefits in terms of PPF. Draw and show its effect on PPF.(Economics)

Answer»

Answer:

A production possibility frontier (PPF) shows the maximum POSSIBLE output COMBINATIONS of two goods or SERVICES an economy can achieve when all RESOURCES are fully and efficiently employed

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Unemployment is reduced due to the measures taken by the government. State it's economic benefits in terms of PPF. Draw and show its effect on PPF.(Economics)

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