-Suppose India and France have the same PPF,shown in the figure above.Based on their current production points,which is India's most likely future PPF?
A) PPF₂.
B) PPF₁.
C) PPF₀.
D) Either PPF₀ or PPF₁.
E) None of the above because economic growth will not happen in India.

Question

-Suppose India and France have the same PPF,shown in the figure above.Based on their current production points,which is India's most likely future PPF?
A) PPF₂. 
B) PPF₁. 
C) PPF₀. 
D) Either PPF₀ or PPF₁. 
E) None of the above because economic growth will not happen in India.

Quizplus · Accepted Answer

If India is currently producing at a point that allows for investment in capital goods or technology, it is likely to experience economic growth, shifting its PPF outward to PPF₂.

-Suppose India and France Have the Same PPF,shown in the Figure