Micro

Introduction

Medium

Identify the impact of unemployment on PPC (Production Possibility Curve).

Leftward Shift in PPC

Rightward Shift in PPC

Movement along the same PPC

Economy will operate inside the PPC

✅ Correct Option: 4

PPC is drawn assuming full employment of resources. When there is unemployment, the economy fails to utilize all available resources fully, so it produces less than its potential. The economy will operate at a point inside the PPC, not shift the curve itself. A shift occurs only when resources or technology change.

2025: 13 May Shift 1

Whether to use more resources in education and health or to use more resources in building military services. Which of the central problems of an economy is accurate for this?

2025: 22 May Shift 1

The curve gives the maximum amount of corn that can be produced in the economy for any given amount of cotton and vice versa. This curve is called.........

2025: 29 May Shift 2

An institution which organizes the free interaction of individuals pursuing their respective economic activities, is known as...........

2025: 29 May Shift 2

Whether to have more consumption goods or to have investment goods which will boost production and consumption tomorrow, is a part of which of the central problem?

2026: 11 May Shift 1

What causes the production possibility frontier concave downward shape towards the origin?

2023: 20 June Shift 1

Which of the following is studied under micro economics?

Identify the impact of unemployment on PPC (Production Possibility Curve).

Solution

Related questions:

Keyboard Shortcuts

CUET Economics Past Year Questions (Topic-Wise)