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-Refer to the Above Diagram

question 33

Multiple Choice

  -Refer to the above diagram.Curve (a) is the current production possibilities frontier for the economy.Other things being equal,society's current choice of point P on curve (a) means: A)  more rapid economic growth compared to choosing point N. B)  a slower rate of economic growth compared to choosing point N. C)  the same rate of growth as would occur if point N were chosen. D)  it is unachievable because it exceeds the productive capacity of the economy.
-Refer to the above diagram.Curve (a) is the current production possibilities frontier for the economy.Other things being equal,society's current choice of point P on curve (a) means:


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