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According to the Production Possibility Model, If More Resources Are

Question 104

Multiple Choice

According to the production possibility model, if more resources are allocated to the production of physical and human capital, then which of the following is likely to happen?


A) Fewer goods will be produced for consumption today.
B) The production possibility frontier will be shifted inward in the future.
C) Future economic growth will decline.
D) The country's total production will fall.

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