A Nation That Devotes More of Its Resources to the Production

question 354

Multiple Choice

A nation that devotes more of its resources to the production of capital goods rather than consumer goods is likely to

• A) cause its production possibilities curve to shift outward.
• B) cause its production possibilities curve to shift inward.
• C) increase the slope of its production possibilities curve.
• D) decrease the slope of its production possibilities curve.

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Definitions:

Spotlight On Research

A phrase indicating focused attention or emphasis on academic or scientific studies and findings.

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A developmental disorder characterized by difficulties in social interaction and communication, and by restricted or repetitive patterns of thought and behavior.

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The state of having received an inoculation with a vaccine to induce immunity against a specific disease.

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The study of the causes or origins of diseases or conditions.