--%>

Unemployment

Select right answer for Unemployment: A) causes the production possibilities curve to shift outward. B) can exist at any point on a production possibilities curve. C) is illustrated by a point outside the production possibilities curve. D) is illustrated by a point inside the production possibilities curve.

   Related Questions in Microeconomics

  • Q : Explain Subsidiary function Elucidate

    Elucidate the Secondary or Subsidiary function? Answer: 1) Standard of deferred payments: Money is executing as deferred Payment

  • Q : Profit-maximizing firm at shutdown point

    When MR exceeds both marginal costs and average variable costs at the recent rate of production, in that case a profit-maximizing firm will: (w) increase output. (x) decrease output. (y) have no incentive to change output. (z) be maximizing profits.

  • Q : Investment and the Demand for Loanable

    When the present value of the expected future income by additional investment exceeds the current cost of additional investment, in that case investment will: (w) rise. (x) fall. (y) not change. (z) There is insuffici

  • Q : Income rate variation in Loren curve

    When you were unconcerned about the welfare of other people and your income rated you onto the top two percent of the population, then you would be happiest while the Lorenz curve for your country resembled as: (1) li

  • Q : Exit industry in long run at wholesale

    This purely competitive peach orchard would most likely exit this industry within the long run when the wholesale price per bushel of peaches fell below: (i) $9.00 per bushel of peaches. (ii) $10.00 per bushel of peaches. (iii) $11.00 per bushel of pe

  • Q : Supply of good in competitive economy

    When the supply of a good shrinks in a competitive economy, there tends to be a raise in the: (1) Product price. (2) Incomes of producers. (3) Demand for resources. (4) Quantity supplied. Can someone please help me

  • Q : Illustrate progressive tax rates The

    The burden of taxation would become additional progressive when federal taxes were reformed in that case: (1) fewer business firms were capable to evade corporate profit taxes. (2) steeper taxes were levied on that harmful goods as alcohol and tobacco. (3) the proport

  • Q : Price discriminate raises output and

    When a monopolist which does not price discriminate raises its output, the firm’s total revenue: (w) should rise. (x) will rise when demand is elastic. (y) will rise when demand is inelastic. (z) will rise when marginal revenue = 0.

  • Q : How much loss an industry bear How much

    How much loss can an industry bear? Answer: An industry can bear losses up to its total fixed costs.

  • Q : Increasing cost industries in long run

    When cranberry farming is an increasing constant cost industry and that firm is typical, in that case an increase within the market demand for cranberries will give in a long run equilibrium price as: (i) less than P1. (ii) greater than P2.