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    Macroeconomics Study Set 20
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    Exam 2: Production Possibilities Frontier Framework
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    Country X Has a High Unemployment Rate
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Country X Has a High Unemployment Rate

Question 42

Question 42

Multiple Choice

Country X has a high unemployment rate.It follows that country X is operating


A) beyond its production possibilities frontier (PPF) .
B) on its PPF.
C) inside (below) its PPF.
D) at a productive efficient point.
E) b and d

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