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-Two Countries, Alpha and Beta, Have Identical Production Possibilities Frontiers

Question 384

Multiple Choice

  -Two countries, Alpha and Beta, have identical production possibilities frontiers illustrated above. If Alpha produces at point a and Beta produces at point b, then A)  Beta's economic growth rate will exceed Alpha's. B)  Alpha consumes less than Beta today, but it will grow faster than Beta. C)  Alpha's and Beta's economic growth rates will be the same. D)  Beta's future consumption will be greater than Alpha's.
-Two countries, Alpha and Beta, have identical production possibilities frontiers illustrated above. If Alpha produces at point a and Beta produces at point b, then


A) Beta's economic growth rate will exceed Alpha's.
B) Alpha consumes less than Beta today, but it will grow faster than Beta.
C) Alpha's and Beta's economic growth rates will be the same.
D) Beta's future consumption will be greater than Alpha's.

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