Assuming an economy is already experiencing full employment, then ...

[Kikoku]

Assuming an economy is already experiencing full employment, then it must produce more consumer goods and fewer capital goods if it wishes to experience greater rates of economic growth over time.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A nation's current location on its production possibilities curve can determine the future location of that nation's production possibilities curve.
 a. True
  b. False
  Indicate whether the statement is true or false

[flannelavenger]

Answer to Question 1

False

Answer to Question 2

True

[Kikoku]

Thanks for the timely response, appreciate it

[marict]

Excellent