Multiple Choice
Which of the following statements is correct for a society that emphasizes the production of capital goods over that of consumer goods?
A) The society could enjoy the same quantity of capital goods and a larger quantity of consumer goods in the future.
B) The society will have to save more now than a society that did not emphasize the production of capital goods.
C) The society could enjoy the same quantity of consumer goods and a larger quantity of capital goods in the future.
D) The society will grow faster than a society that emphasizes the production of consumer goods.
E) The society will have to save less now than a society that did not emphasize the production of capital goods.
Correct Answer:
Verified
Correct Answer:
Verified
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