The Tradeoff Between Current Consumption and the Production of Capital

question 397

Multiple Choice

The tradeoff between current consumption and the production of capital goods also reflects a tradeoff between

• A) the future production of capital goods and future consumption of goods.
• B) economic growth and technological change.
• C) satisfying today the needs of the poor and the wants of the wealthy.
• D) current consumption and future consumption.

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