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Two countries, Alpha and Beta, have identical production possibilities frontiers

Lauren1

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9 years ago

Two countries, Alpha and Beta, have identical production possibilities frontiers

Two countries, Alpha and Beta, have identical production possibilities frontiers illustrated above. If Alpha produces at point a and Beta produces at point b, then ________.
A) Beta's economic growth rate will exceed Alpha's
B) Alpha consumes less than Beta today, but it will grow faster than Beta
C) Alpha's and Beta's economic growth rates will be the same
D) Beta's future consumption will be greater than Alpha's

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MrDereche

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Lauren1 Author

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9 years ago

Thank you, this really, really helps Heavy Heart

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MrDereche

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9 years ago

You're welcome!

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