Multiple Choice
If a country increases the production of its capital goods,then
A) the more consumption of goods it can have today.
B) the less consumption it can have today,but the more it can have in future.
C) the more unemployed resources there will be in the future.
D) the more unemployed resources there are today.
Correct Answer:
Verified
Correct Answer:
Verified
Q64: The "invisible hand" refers to<br>A)the ways in
Q65: One distinguishing feature between capitalist countries and
Q66: A price system is an economic system
Q67: Figure 2-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 2-2
Q68: Another name for a capitalist economy is
Q70: Increasing relative costs are the result of<br>A)high
Q71: The fact that a country's production possibilities
Q72: Which of the following would cause an
Q73: The circular flow diagram shows that<br>A)firms are
Q74: Explain the difference between comparative advantage and