Where would you plot unemployment on a pro- duction possibilities frontier? Where would you plot full employment

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Where would you plot unemployment on a pro- duction possibilities frontier? Where would you plot full employment on a production possibili ties frontier? Now suppose that in a time of crisis everyone pitches in and works much harder than usual. What happens to the production possibilities frontier?

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Principles Of Macroeconomics

ISBN: 9781324034001

4th Edition

Authors: Dirk Mateer, Lee Coppock

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