Ceteris Paribus,if a Full-Employment Economy Reallocated a Substantial Quantity of Its

question 79

Multiple Choice

Ceteris paribus,if a full-employment economy reallocated a substantial quantity of its resources to capital goods,we would expect:

• A)present consumption to rise
• B)future consumption to fall
• C)a lower rate of growth of real GDP
• D)labour productivity to fall
• E)labour productivity to rise

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Definitions:

Neurosurgeon

A medical specialist who performs surgery on the brain, spinal cord, and other parts of the nervous system.

Biomedical

Pertaining to the application of the natural sciences, especially biology and physiology, to clinical medicine.

Discrimination

Unfair or prejudicial treatment of individuals based on characteristics such as race, gender, age, or sexual orientation.

Canadian Human Rights Commission

An organization that was created by the Canadian Human Rights Act and is separate and independent from the Government of Canada and the Canadian Human Rights Tribunal.