If a country increased the production of its capital goods, then
A. the more unemployed resources there will be in the future.
B. the more consumption of goods we can have today.
C. the more unemployed resources there are today.
D. the less consumption we can have today, but we will have more in the future.
Answer: D
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To achieve faster growth, one possibility is to tax
A) consumption. B) saving. C) hiring. D) immigration.
In U.S. v. U.S. Steel Corporation, the Supreme Court ruled that
a. U.S. Steel had violated the Sherman Act, particularly by organizing meetings with competitors such as the "Gary Dinners.". b. despite the fact that U.S. Steel controlled 50 percent of output in the steel industry, the company had not achieved monopoly power. c. large corporations, by definition, violate the Sherman Act. d. the Sherman Act did not apply to U.S. Steel because steel manufacturing was an activity "clothed with a public interest.".