In Order for Ethiopia to Increase Its Future Economic Growth

question 89

Multiple Choice

In order for Ethiopia to increase its future economic growth, it must choose a point that is:

• A) below its production possibilities curve.
• B) further along on its production possibilities curve toward the capital goods axis.
• C) further along on its production possibilities curve toward the consumption goods axis.
• D) further along on its production possibilities curve away from the population axis.
• E) above its production possibilities curve.

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Definitions:

Write Off The Debt

is a financial action where a creditor cancels or forgives the debt owed by a debtor, often due to the inability of the debtor to pay back.

Historical Injustices

Wrongs or harms that have been inflicted on certain groups or individuals in the past, often having long-lasting effects.

Globalization

The process of increasing interdependence and connectivity between countries through trade, investment, technology, and cultural exchange.

Interdependence

A mutual reliance between two or more groups, organisms, or objects, often for survival or benefit.