Exhibit 3-10 Refer to Exhibit 3-10

Exhibit 3-10 Refer to Exhibit 3-10.Societies choose between the level of consumption goods and capital goods.With reference to the diagram,if a society moves from Point B to Point A:

A) it is opting for more consumption in the current time period.
B) there is no change in consumption or investment, simply a change in the allocation of resources. An equal amount of consumption and investment occur anywhere along the production possibilities curve.
C) it is sacrificing present consumption for economic growth in the future.
D) the economy is producing a lower overall level of output.