The tradeoff between current consumption and the production of ...

[lak]

The tradeoff between current consumption and the production of capital goods also reflects a tradeoff between
 
  A) the future production of capital goods and future consumption of goods.
  B) economic growth and technological change.
  C) satisfying today the needs of the poor and the wants of the wealthy.
  D) current consumption and future consumption.

Question 2

In the market for oranges, the demand and supply of oranges decrease by the same amount. The equilibrium quantity will ________ and the equilibrium price will ________.
 
  A) decrease; not change
  B) decrease; fall
  C) remain the same; either rise or fall
  D) remain the same; rise

[ilianabrrr]

Answer to Question 1

D

Answer to Question 2

A

[lak]

TYSM

[Dnite]

Thanks for the timely response, appreciate it