Assume an Economy Is Incurring Unemployment

question 76

Multiple Choice

Assume an economy is incurring unemployment. The effect of resolving this problem will be to

• A) move the level of actual output closer to the economy's production possibilities curve.
• B) create a less equal distribution of income.
• C) shift its production possibilities curve to the left.
• D) shift its production possibilities curve to the right.

---

Definitions:

Freight-In

The cost associated with transporting goods into a warehouse or to the buyer, often included in the inventory cost.

Installation

The act of setting up or assembling machinery, equipment, software, or hardware to make it ready for operation.

Fully-Depreciated

A state where an asset has reached the end of its useful life for accounting purposes, with its book value equaling its salvage value or zero.

Leasehold Improvements

Enhancements made to a rental property by a lessee, typically to tailor the space to their specific business needs.