When There Is a Decrease in the Unemployment Rate

question 134

Multiple Choice

When there is a decrease in the unemployment rate,

• A)The economy moves closer to the production possibilities curve.
• B)The production possibilities curve shifts outward.
• C)The production possibilities curve shifts inward.
• D)There is a movement along the production possibilities curve.

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Definitions:

Mole

A unit in chemistry used to express amounts of a chemical substance, based on the number of atoms or molecules.

Molecular Weight

A measure of the mass of a molecule, calculated as the sum of the atomic masses of all atoms constituting the molecule.

Grams

A metric unit of mass equal to one thousandth of a kilogram.

Mass

A measure of the amount of matter in an object, often quantified in units like kilograms or grams.