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.

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Definitions:

Same Amount

The equal quantity or degree in two or more entities.

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Late

Delayed beyond the expected or usual time.

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A skilled professional specialized in maintaining and repairing the mechanical and avionics equipment of aircraft.