FIGURE 2-3 E F Consumption Goods Refer to Figure 2-3. Which of the following movements will result in a decrease in the production of consumption goods but an increase in the production of capital goods this period? a movement from Point B to Point A a movement from Point E to Point C a movement from Point G to Point D a movement from Point A to Point B Capital Goods
FIGURE 2-3 E F Consumption Goods Refer to Figure 2-3. Which of the following movements will result in a decrease in the production of consumption goods but an increase in the production of capital goods this period? a movement from Point B to Point A a movement from Point E to Point C a movement from Point G to Point D a movement from Point A to Point B Capital Goods
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:FIGURE 2-3
D.
B
Consumption Goods
Refer to Figure 2-3. Which of the following movements will result in a decrease in the production of consumption
goods but an increase in the production of capital goods this period?
a movement from Point B to Point A
a movement from Point E to Point C
a movement from Point G to Point D
a movement from Point A to Point B
Capital Goods

Transcribed Image Text:FIGURE 2-7
B.
300-
200
D.
C.
100
100
200
300
400
Soybeans
Refer to Figure 2-7. In order to move from Point D to Point B, what will the economy have to give up?
200 units of soybeans
200 units of wheat
100 units of wheat
nothing
Wheat
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