According to the Production Possibility Model, If More Resources Are

question 104

Multiple Choice

According to the production possibility model, if more resources are allocated to the production of physical and human capital, then which of the following is likely to happen?

• A)Fewer goods will be produced for consumption today.
• B)The production possibility frontier will be shifted inward in the future.
• C)Future economic growth will decline.
• D)The country's total production will fall.

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Definitions:

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A member of the Church of Jesus Christ of Latter-day Saints who dedicates time to proselytize, evangelize, or perform service.

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The highest judicial court in a country or state, which has the final authority over all legal disputes.

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