What will be the effect of on ppc when unemployment is increased in th

1.	What will be the effect of on ppc when unemployment is increased in the economic
Answer» Answer: If the country experiences more UNEMPLOYMENT, then the unemployment rate goes up. That means the LABOR force is SHRINKING, so more people are not working and not being productive. This WOULD decrease the output of the nation, and shift the production possibilities curve inward, or to the LEFT

What will be the effect of on ppc when unemployment is increased in the economic

Answer»

Answer:

If the country experiences more UNEMPLOYMENT, then the unemployment rate goes up. That means the LABOR force is SHRINKING, so more people are not working and not being productive. This WOULD decrease the output of the nation, and shift the production possibilities curve inward, or to the LEFT

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What will be the effect of on ppc when unemployment is increased in the economic

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