The opportunity cost of economic growth is
A) future consumption that a nation gives up to consume more today
B) future consumption that a nation gets if it gives up some present consumption.
C) present investment that a nation gives up to increase its economic growth.
D) present consumption that a nation gives up to accumulate capital
Correct Answer:
Verified
Q247: Comparative advantage is
A) the ability to perform
Q248: An opportunity cost of economic growth is
A)
Q249: The opportunity cost of more capital goods
Q251: An increase in the nationʹs capital stock
Q252: Because of the existence of comparative advantage,
Q253: The tradeoff between current consumption and the
Q254: Individuals A and B both produce good
Q255: Economic growth
A) allows us to increase our
Q322: Q338: ![]()
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