In General, the Higher the Proportion of Resources Devoted to Technological

question 71

Multiple Choice

In general, the higher the proportion of resources devoted to technological research in an economy, the

• A)greater will be current consumption.
• B)faster the production possibilities frontier will shift outward.
• C)faster the production possibilities frontier will shift inward.
• D)closer it will come to having a comparative advantage in the production of all goods.
• E)more bowed out will be the shape of the production possibilities frontier.

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