The opportunity cost of more consumption of goods today is
A) lower consumption of goods in the future.
B) fewer capital goods in the future.
C) more capital goods today.
D) more unemployment both today and in the future.
Question 2
If more foreign auto plants relocate to the United States, we would expect
A) the U.S. supply curve for automobiles to shift to the right.
B) the U.S. supply curve for automobiles would shift to the left.
C) that the U.S. auto market would not respond.
D) that U.S. auto demand might change, but U.S. auto supply would remain static.
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
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