Exhibit 23-1 Nation of Padia

-Exhibit 23-1 shows the production possibility curve of the nation of Padia.Based only on this information,the point which would produce the highest rate of growth would be:

Question

Exhibit 23-1 Nation of Padia
 
-Exhibit 23-1 shows the production possibility curve of the nation of Padia.Based only on this information,the point which would produce the highest rate of growth would be:

Quizplus · Accepted Answer

Point I represents a situation where Padia is allocating more resources towards capital goods rather than consumer goods. Investing in capital goods typically leads to a higher rate of economic growth in the future, as it increases the nation's productive capacity.