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-Assume That the Production Possibilities Curves in the Diagram Above

Question 108

Multiple Choice

  -Assume that the production possibilities curves in the diagram above are those of a closed economy.If the economy can currently produce those combinations of capital and consumption goods shown on production possibilities curve A,then it is _________ likely that the economy will be able to achieve those combinations of capital and consumption goods on the production possibilities curve B if the economy is currently producing that combination represented by point ________. A)  more;W B)  more;Z C)  not;Z D)  less;Z E)  not;W
-Assume that the production possibilities curves in the diagram above are those of a closed economy.If the economy can currently produce those combinations of capital and consumption goods shown on production possibilities curve A,then it is _________ likely that the economy will be able to achieve those combinations of capital and consumption goods on the production possibilities curve B if the economy is currently producing that combination represented by point ________.


A) more;W
B) more;Z
C) not;Z
D) less;Z
E) not;W

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