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What happens to the Production Possibilities of an economy if the unemployment rate increases from 6% to 8%? What if it decreases from 7% to

  • What happens to the Production Possibilities of an economy if the unemployment rate increases from 6% to 8%? What if it decreases from 7% to 6%?

  • In your opinion, where is Canada's economy producing today with respect to its PPC? Explain your answer.

  • What would happen to a country's PPC if the birth rate decreases, assuming everything else remains the same?

Just short answers please

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