The figure above shows the production possibilities frontiers for four nations that have identical production possibilities frontiers in the present. The one that will grow most rapidly in the future is most likely to be producing at point

A) A.
B) B.
C) C.
D) D.

C

Economics

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Alice is willing to pay $3 for the second slice of pizza she eats. The price she pays is $2. Alice's consumer surplus for this slice of pizza equals

A) $0. B) $1. C) $2. D) $3.

Economics

"Liquidity" refers to the ability to change money into assets

Indicate whether the statement is true or false

Economics