-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