If a Nation Devotes a Larger Share of Its Current

question 79

Multiple Choice

If a nation devotes a larger share of its current production to consumption goods,then

• A) its economic growth will slow down.
• B) its PPF will shift outward.
• C) its PPF will shift inward.
• D) some productive factors will become unemployed.
• E) it must produce at a point within its PPF.

---

Definitions:

Income Statement

A financial report showing a company's revenues, expenses, and profit over a specific period.

Cash Dividends

Payments made by a corporation to its shareholders out of the company's profits.

Dividends Payable

A liability representing an amount owed by a company to its shareholders as a distribution of the company's earnings.

End of the Year

Typically refers to the close of the fiscal or calendar year, a key time for financial reporting and assessment for businesses.