-In 2012, Country X and Country Y had the same production possibilities, illustrated in the figure above. Country X chose to produce at point A, while country Y chose to produce at point B. In 2018, most likely, Country X will be at point such as ________ while Country Y will be at point such as ________.
A) A; B
B) B; A
C) N; Q
D) Q; N

Question

-In 2012, Country X and Country Y had the same production possibilities, illustrated in the figure above. Country X chose to produce at point A, while country Y chose to produce at point B. In 2018, most likely, Country X will be at point such as ________ while Country Y will be at point such as ________.
A) A; B 
B) B; A 
C) N; Q 
D) Q; N

Quizplus · Accepted Answer

Country X, producing at point A, likely focused on capital goods more than consumer goods, leading to greater economic growth and an outward shift of its production possibilities curve to point N. Country Y, at point B, likely focused on consumer goods, resulting in slower economic growth and a smaller outward shift to point Q.

-In 2012, Country X and Country Y Had the Same