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NYC NYC
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8 years ago
An economy produces capital goods and consumer goods. This economy is operating at a point on its production possibility frontier associated with a large amount of capital goods and a small amount of consumer goods. This is most likely to be a:
A) "rich" country because such a nation can afford to sacrifice.
B) country with a command economy.
C) "poor" country because such a nation has difficulty devoting many resources to the production of consumer goods.
D) country with a free market.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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8 years ago
Thanks for answering Slight Smile
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