Question

When a country produces on its production possibilities curve, then this country's unemployment is expected to be at one of its lowest rates, however, prices in this country are not expected to be relatively low.
a. True
b. False

Answer 1

Answer:

TRUE

Explanation:

the production possibility curve shoes the number of goods that can be produced in an economy when its resources are fully employed.

if a country produces on its production possibilities curve, it means that its resources are fully employed and so unemployment would be at its lowest.