Multiple Choice
A country can use its given resources to produce capital goods or consumer goods. This implies that
A) an economy can "have it all."
B) there is a conflict between capitalists and consumers.
C) more consumption in the present leads to higher economic growth for future generations.
D) there is a tradeoff between the current and the future standards of living.
Correct Answer:

Verified
Correct Answer:
Verified
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