166. Refer to the above production possibilities curves. Curve (a) is the current curve for the (p. 16-17) economy. Other things being equal, society's current choice of point P on curve (a) will: Learning Objective: 1.7 Economic growth, present choices, and future possibilities Level: Moderate McConnell - Chapter 001 #166 Type: Application 167. The basic difference between consumer goods and capital goods is that (p. 16-17) Learning Objective: 1.7 Economic growth, present choices, and future possibilities Level: Moderate McConnell - Chapter 001 #167 Type: Definition 168. Which of the following would be most likely to shift the production possibilities curve to the (p. 16-17) right? Learning Objective: 1.7 Economic growth, present choices, and future possibilities Level: Moderate McConnell - Chapter 001 #168 Type: Application
166. (p. 16-17) Refer to the above production possibilities curves. Curve (a) is the current curve for the economy. Other things being equal, society's current choice of point P on curve (a) will: Learning Objective: 1.7 Economic growth, present choices, and future possibilities Level: Moderate McConnell - Chapter 001 #166 Type: Application 167. (p. 16-17) The basic difference between consumer goods and capital goods is that Learning Objective: 1.7 Economic growth, present choices, and future possibilities Level: Moderate McConnell - Chapter 001 #167 Type: Definition 168. (p. 16-17) Which of the following would be most likely to shift the production possibilities curve to the right? Learning Objective: 1.7 Economic growth, present choices, and future possibilities Level: Moderate McConnell - Chapter 001 #168 Type: Application