Solved

Suppose That Nepal Invests Less in New Factories and Equipment

Question 153

Multiple Choice

Suppose that Nepal invests less in new factories and equipment than does the United States. This will likely cause:


A) Nepal's production possibilities curve to shift outward faster than the U.S.'s.
B) The U.S.'s production possibilities curve to shift inward faster than Nepal's.
C) The U.S.'s production possibilities curve to shift outward faster than Nepal's.
D) Nepal's production possibilities curve to shift inward faster than the U.S.'s.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents