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In General, the Higher the Proportion of Resources Devoted to Technological

Question 71

Multiple Choice

In general, the higher the proportion of resources devoted to technological research in an economy, the


A) greater will be current consumption.
B) faster the production possibilities frontier will shift outward.
C) faster the production possibilities frontier will shift inward.
D) closer it will come to having a comparative advantage in the production of all goods.
E) more bowed out will be the shape of the production possibilities frontier.

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