Quiz: Chapter 2 Check Your Understanding Assignnm Submit Ou This Question: 1 pt

Question

Quiz: Chapter 2 Check Your Understanding Assignnm Submit Ou This Question: 1 pt 2 of 23 (0 complete) This Quiz: 23 pts possi Two countries, Alpha and Beta, have identical production possibilities frontiers. If Capital goods (per person) Alpha produces at point A and Beta produces at point B, then O A- B. O c. O D. Alpha consumes less than Beta today, but it wil grow fasterthan Beta. Beta's economic growth rate will exceed Alpha's. Alpha's and Beta's economic growth rates will be the same. Beta's future consumption will be greater than Alpha's. PPF Consumption goods (per person) Click to select your answer

Explanation / Answer

Answer :- Option A). Alpha consumes less than Beta today, but it will grow faster than Beta.

Conclusion :- Option A).

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