How would the following events be shown using a production possibilities curve for shelter and food? a.

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How would the following events be shown using a production possibilities curve for shelter and food?

a. The economy is experiencing double-digit unemployment.

b. Economic growth is increasing at more than 5 percent per year.

c. Society decides it wants less shelter and more food.

d. Society decides it wants more shelter and less food.

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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