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chomtong chomtong
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7 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 small amount of capital goods and a large amount of consumer goods. This is most likely to be a
A) "rich" country because such a nation can afford to sacrifice.
B) "poor" country because such a nation has difficulty devoting many resources to the production of capital goods.
C) country with a command economy.
D) country with a free market.
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Akshtsaklani21Akshtsaklani21
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7 years ago
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