-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 more capital goods than France, it is likely to experience more economic growth in the future, shifting its PPF outward to PPF2.

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