Compare Two Economies a and B That Start Out with Identical

question 94

Multiple Choice

Compare two economies A and B that start out with identical production possibilities curves.Economy A chooses an efficient point with 6 consumption goods and 3 capital goods,while economy B chooses an efficient point with 4 consumption goods and 5 capital goods.In the future we can predict:

• A)economy A will operate inefficiently.
• B)economy B will operate inefficiently.
• C)economy A and economy B will grow equally fast.
• D) economy A will grow faster than economy B.
• E) economy B will grow faster than economy A.

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Definitions:

Organizational Format

The structure or arrangement of content or elements within a document, presentation, or work, guided by principles of logic, clarity, and effectiveness.

Comparison

The act of examining two or more items to evaluate their similarities and differences, often used to make informed decisions or understand concepts better.

Indirect Format

A communication approach that presents secondary information or reasoning before getting to the main point or request.

Analytical Report

is a document that provides data analysis, interpretations, and possible strategies based on the data's findings.