In the economy of Confoundia, 500 people have jobs, 1000 people are not working but are searching for work, and 2000 people don't work and don't seek work. The unemployment rate is

Which of the following correctly ranks the amounts from smallest to largest?

A. output per person, total output, average labor productivity B. total output, average labor productivity, output per person C. total output, output per person, average labor productivity D. output per person, average labor productivity, total output

A curve showing alternative combinations of goods that can be produced when available resources are used efficiently is known as the _____

a. circular-flow model. b. IS-LM model. c. production function. d. productivity possibilities frontier. e. production possibilities frontier.