Multiple Choice
Using productive resources to make capital goods requires that we
A) get everyone to agree on the best use of those resources.
B) get government approval of our plan to make capital goods.
C) forgo some level of current consumption.
D) prove that the existence of the capital goods will not cause any environmental damage.
Correct Answer:

Verified
Correct Answer:
Verified
Q268: Which of the following is an assumption
Q269: Which of the following is NOT an
Q270: A graphical representation which shows the trade-off
Q271: In the above figure, the opportunity cost
Q272: Why do most people choose to specialize
Q274: If the production of capital goods is
Q275: How are scarcity, choice, and opportunity cost
Q276: If all resources were perfectly adaptable for
Q277: Refer to the above figure. Which of
Q278: When deriving the production possibilities curve, it