In which direction ppc will shift …
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Posted by Veronica Dhapra 6 years, 5 months ago
- 2 answers
Yogita Ingle 6 years, 5 months ago
Massive unemployment will not shift the PPC curve to left. Infact, the point on PPC where the economy was producing earlier will shift below the PPC. This is because unemployment implies inefficient use of resources and this inefficient use of resources is depicted by shifting the point below the PPC.
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Veronica Dhapra 6 years, 5 months ago
0Thank You