-The figure given below has four graphs showing the production possibilities frontier for capital goods and consumer goods.Which of the graphs below best illustrates the impact on the production possibilities frontier of a decrease in unemployment?
Definitions:
Tax Rate
The rate at which the government taxes an individual or corporation's income or earnings.
Loanable Funds
The total resources or funds available for borrowing, typically within a nation's financial markets, where savers supply funds and borrowers demand them.
Interest Income
Earnings received from deposit accounts like savings, or from investments like bonds, calculated as a percentage of the principal.
Loanable Funds Model
An economic model that describes the market where borrowers and lenders interact, determining the equilibrium interest rate and quantity of loanable funds.
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