Economics A-Level
Unemployment of economic resources
What Unemployment of economic resources means in Economics A-Level, as defined for AQA.
Definition of Unemployment of economic resources
Check what you remember
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Reference: AQA
Points inside the boundary, where resources are unemployed or inefficiently used, so more could be produced without any sacrifice.
Topics that use Unemployment of economic resources
- Production possibility diagrams (AQA A-Level)
Related terms
- Allocative efficiency
- Economic growth
- Opportunity cost
- Production possibility frontier
- Productive efficiency
- Societal welfare
Using Unemployment of economic resources in the exam
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