A Reduction in the Amount of Unemployment

question 399

Multiple Choice

A reduction in the amount of unemployment

• A) moves the economyʹs point of production closer to the production possibilities frontier.
• B) moves the economyʹs point of production along the production possibilities frontier.
• C) moves the economyʹs point of production further away from the production possibilities frontier.
• D) shifts the production possibilities frontier outward.

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Definitions:

Inspection

The act of examining something or someone closely to ensure they meet specified standards.

Special Meeting

A gathering called for a specific purpose, outside of regular or scheduled meetings, often requiring a certain protocol for notification and agenda.

Shares Entitled

The rights or benefits, such as dividends or voting, that come with the ownership of shares in a corporation.

Vote

The act of expressing a choice or preference in a decision-making process, especially in elections or organizational ballots.