| The Great Recession of 2008-2009 with a large number of workers and factories unemployed would be represented in a production possibilities frontier graph by |
| | | A. a point on the frontier. | | | B. a point inside the frontier. | | | C. an intercept on either the vertical or the horizontal axis. | | | D. a point outside the frontier | |
| The Great Recession of 2008-2009 with a large number of workers and factories unemployed would be represented in a production possibilities frontier graph by |
| | | A. a point on the frontier. | | | B. a point inside the frontier. | | | C. an intercept on either the vertical or the horizontal axis. | | | D. a point outside the frontier | |
B. a point inside the frontier.
Points inside the frontier represent underutilization of resources . It depicts inefficieny or wastage of resources . Unemployed workers and factories means that economic resources are not fully utilized .
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