Consider a Country in Which Most of the Productive Resources

question 38

Multiple Choice

Consider a country in which most of the productive resources are collectively owned by the state.As this country moves toward a system of private property rights,we can expect economic growth to ________ due to a(n) ________ the production function.

• A) decrease; downward movement along
• B) increase; upward movement along
• C) decrease; downward shift of the
• D) increase; upward shift of
• E) decrease; movement up along