One of the opportunity costs of economic growth is
A) reduced current consumption.
B) technological change.
C) the gain in future consumption.
D) capital accumulation.
Correct Answer:
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Q1: A person who has an absolute advantage
Q2: Q3: When the production possibilities frontier is bowed Q4: The principle of decreasing marginal benefit implies Q5: Moving from one point on the production Q7: Scarcity is represented on a production possibilities Q9: Q10: Markets Q149: A marginal cost curve Q213: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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A)allow traders to enjoy gains from trade.
B)coordinate
A) is upward sloping.
B)![]()