A positive statement a normative statement physical capital opportunity cost The

Question

A positive statement a normative statement physical capital opportunity cost The production possibilities curve bows out because production is efficient of the law of increasing additional cost production is inefficient. resources ate not being fully utilized Whenever a society forgoes current consumption to invest in capital goods, it will have loss to consume next year it will be easier for that society to consume less in the future because people will become accustomed to less that society can consume more in the future it will be forced to produce fewer capital goods in the future The rate of unemployment is calculated as the number of unemployed workers divided by the number of employed workers people in the civilian labor force divided by the number of unemployed workers unemployed workers divided by the number of people in the civilian labor force employed workers divided by the number of unemployed workers

Explanation / Answer

6)That society can consume more in future

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