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Author Question: Saving and investment that increase a nation's capital lead to A) slower growth because there is ... (Read 94 times)

laurencescou

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on: Jun 29, 2018
Saving and investment that increase a nation's capital lead to
 
  A) slower growth because there is a lack of consumption.
  B) a decrease in labor productivity as capital is used to replace labor.
  C) a decrease in the amount of capital per worker.
  D) an increase in labor productivity.

Question 2

The figure above shows Roger's production possibilities frontier. Point a is an ________ point and at that point production is ________.
 
  A) attainable; efficient
  B) attainable; inefficient
  C) unattainable; inefficient
  D) unattainable; efficient


alvinum

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


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