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    Exam 2: Scarcity and the World of Trade-Offs
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    When an Economy Sacrifices Production of Consumption Goods to Produce
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When an Economy Sacrifices Production of Consumption Goods to Produce

Question 110

Question 110

Multiple Choice

When an economy sacrifices production of consumption goods to produce more capital goods, we would expect that the production possibilities curve will


A) shift outward.
B) shift inward.
C) become a straight line.
D) shift about in random fashion.

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