If there is unemployment and all businesses are operating at less than

If there is unemployment and all businesses are operating at less than full capacity, then

A) society is at the wrong point on the production possibilities curve.
B) there are too many workers, and some people ought to leave the labor force.
C) we are not experiencing a net social cost to unemployment because it is offset by the capacity levels of the factories.
D) society is producing inside its production possibilities curve.

 

ANSWER

D

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00