When More Resources in an Economy Are Devoted to the Production

question 126

Multiple Choice

When more resources in an economy are devoted to the production of capital goods:

• A)​the production possibilities curve shifts inward.
• B)​the production possibilities curve in the current period shifts inward, but shifts outward in the future.
• C)​the production possibilities curve shifts outward next in the future.
• D)​the production possibilities curve is unchanged from period to period.

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