Chinaʹs State Council Has Encouraged More Spending to ʺImprove Transportation

question 320

Multiple Choice

Chinaʹs State Council has encouraged more spending to ʺimprove transportation links and other infrastructure... .ʺ It will also ʺstep up its spending on vocational training and other educational programs for adults.ʺ
Suppose that capital goods are on the vertical axis while consumption goods are on the horizontal axis of Chinaʹs PPF. As a result of enacting the policies, we would expect
i. an expansion of Chinaʹs production possibilities.
ii. capital accumulation.
iii. an increase in human capital

• A) i, ii and iii.
• B) ii and iii only.
• C) i and ii only.
• D) i and iii only.

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Definitions:

Retarded Growth

Delayed or slowed physical development, often due to nutritional, genetic, or hormonal factors.

Water Intake

The process of consuming water to maintain the body's fluid balance essential for health and survival.

Uncontrolled Appetite

A condition characterized by an excessive or insatiable desire to eat, often leading to overeating.

Thalamic Nuclei

Collections of neurons in the thalamus involved in relaying sensory and motor signals to the cerebral cortex.