Other things being equal, this society's current choice of point F on the graph will

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter3: Scarcity, Trade-offs, And Production Possibilities
Section: Chapter Questions
Problem 10P
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Capital goods
A
B
AL
D
Consumer goods
Other things being equal, this society's current choice of point F on the graph will
allow it to achieve less rapid growth than the choice of point D.
B
be unattainable because it currently exceeds the productive capacity of this economy.
allow it to achieve more rapid economic growth than the choice of point D.
cause a slower rate of economic growth than the choice of point D.
Transcribed Image Text:Capital goods A B AL D Consumer goods Other things being equal, this society's current choice of point F on the graph will allow it to achieve less rapid growth than the choice of point D. B be unattainable because it currently exceeds the productive capacity of this economy. allow it to achieve more rapid economic growth than the choice of point D. cause a slower rate of economic growth than the choice of point D.
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