Use the figure below to answer the following questions. Food products W Plastic products The figure above shows various points on three different production possibilities boundaries for a nation. Given the following the following information: a. a decrease in the unemployment rate as a result of a recession ending b. general technological advancement C. an increase in consumer wealth d. an increase in the unemployment rate as a result of a recession Which could cause a movement from point V to W? a) b and c only Ob) d only c) a only a, b, and c a and b only d) e)
Use the figure below to answer the following questions. Food products Z W Plastic products The figure above shows various points on three different production possibilities boundaries for a nation. Given the following the following information: A point such as V represents? a. a decrease in the unemployment rate b. inefficient use of resources c. a decrease in consumer wealth d. failure to use all available resources O a) a only Ob) b, and d Oc) b and c only O d) a and c only
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