Generally, if a nation produces more consumer goods than capital goods
A) more of all goods may be produced in the future.
B) less of all goods may be produced in the future.
C) about the same amount of capital goods may be produced in the future as are being produced today.
D) society will have to forego future consumption of capital goods.
Correct Answer:
Verified
Q310: When an economy sacrifices production of consumption
Q311: At a point on a production possibilities
Q312: Q313: In order for a production possibilities curve Q314: The production possibilities curve (PPC) illustrates economic Q316: The use of goods and services for Q317: Economic growth appears on a production possibilities Q318: Economic growth can be pictured in a Q319: If an economy produces only steel and Q320: A production possibilities curve will shift inward![]()
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