Multiple Choice
Country X devoted 70 percent of its resources to consumption, while Country Y devoted 80 percent to consumption. Other things being equal, you can predict that
A) Country Xʹs economy will grow faster than Country Yʹs.
B) Country Yʹs economy will grow faster than Country Xʹs.
C) Country Xʹs opportunity cost of economic growth is lower than Country Yʹs.
D) Country Yʹs rate of capital accumulation is higher than Country Xʹs
Correct Answer:

Verified
Correct Answer:
Verified
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