Given the Economy's Existing Resources and Technology, the Only Way

question 215

Multiple Choice

Given the economy's existing resources and technology, the only way to enjoy more consumer goods today is to

• A)devote more resources to investment goods today.
• B)accumulate more capital today.
• C)have a slower economic growth rate in the future.
• D)devote more resources to consumer goods in the future.

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Definitions:

Electron Transport Chain

a component of the electron transport system involved in cellular respiration that generates a proton gradient to produce ATP.

ATP Molecules

Adenosine triphosphate molecules, which are the primary energy carriers in all living organisms, providing energy for most cellular processes.

Cellular Respiration

The process by which cells produce energy from carbohydrates; oxygen is consumed as a reactant along with the organic fuel.

Calvin Cycle

A series of biochemical redox reactions that take place in the stroma of chloroplasts in photosynthetic organisms.