Whenever a Society Forgoes Current Consumption to Invest in Capital

question 31

Multiple Choice

Whenever a society forgoes current consumption to invest in capital goods

• A) it will have less to consume next year.
• B) it will be easier for that society to consume less in the future because people will become accustomed to less.
• C) that society can consume more in the future.
• D) it will be forced to produce fewer capital goods in the future.

---

Definitions:

Unconscionable

Referring to an agreement or action that is excessively unfair or unjust, often to the degree that it is deemed unenforceable in a court of law.

Resell

The act of selling a product or service that one has bought to another buyer.

Pay

To give money in exchange for goods, services, or to settle a debt.

Perfect Tender Rule

A rule requiring the seller to deliver goods to the buyer that exactly meet the terms of the contract, without any deviation.