Author Question: A point on the production possibilities frontier reflects an A) attainable point with full ... (Read 77 times)

lilldybug07 · **on:** Jun 29, 2018

A point on the production possibilities frontier reflects an

A) attainable point with full employment of all resources.
B) attainable point without full employment of all resources.
C) unattainable point with full employment of all resources.
D) unattainable point without full employment of all resources.
E) None of the above answers is correct.

Question 2

When the economy is operating at its natural rate of unemployment, the frictional and structural unemployment rates must add up to zero.

Indicate whether the statement is true or false