Refer to the production possibilities frontier in the figure above. Which production point indicates that resources are NOT fully utilized or are misallocated?

Structural unemployment is unemployment caused by:

a. temporary changes in jobs. b. discrimination. c. the time required to match employers and workers. d. a mismatch between worker skills and employer requirements.

With demand-pull inflation in the extended AD-AS model, there is:

A. A decrease in aggregate demand and a decrease in unemployment that eventually increases nominal wages B. An increase in aggregate demand and a decrease in unemployment that eventually decreases nominal wages C. An increase in aggregate demand and an increase in unemployment that eventually decreases nominal wages D. An increase in aggregate demand and a decrease in unemployment that eventually increases nominal wages