Refer to the information provided in Figure 31.2 below to answer the question(s) that follow. Figure 31.2
-Refer to Figure 31.2. An economy that chooses to be at Point ________ can achieve higher economic growth rate in the future.
A) A
B) B
C) C
D) D

Question

Refer to the information provided in Figure 31.2 below to answer the question(s) that follow.  Figure 31.2
-Refer to Figure 31.2. An economy that chooses to be at Point ________ can achieve higher economic growth rate in the future.
A) A 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

Point B represents a combination of high investment and low consumption, which can lead to higher economic growth in the future. This is because investment helps to increase the economy's capital stock, which in turn can lead to higher output and productivity in the future.

Refer to the Information Provided in Figure 31