a point outside the production possibilities frontier select one: a. would not represent an efficient combination of goods b. cannot be reached using the available technology c. is less desirable than one that lies inside the frontier d. represents unemployment of resources e. represents full employment of resources



Answer :

The border of production potential cannot be reached using the available technology.

What is unemployment?

  • The OECD defines unemployment as those over a certain age who are currently available for work but are not currently employed or self-employed.
  • The number of jobless persons as a percentage of the labor force is used to calculate the unemployment rate, which is used to calculate the level of unemployment.
  • When a person is not employed but is actively seeking employment; for instance, Glenn was regarded to be unemployed last week even though he made no attempts to get employment.
  • People who seek work can't get them, which is known as unemployment.... a region with the highest unemployment rate in the nation.

To learn more about unemployment, refer to:

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