Use the following to answer questions 12 13 Figure Consumer

Last updated: 10/18/2023

Use the following to answer questions 12 13 Figure Consumer and Capital Goods Consumer goods per period Curve 2 Curve 1 Capital goods per period 12 Figure Consumer and Capital Goods Look at the figure Consumer and Capital Good The movement from curve 1 to curve 2 indicates A economic growth B C D a change from unemployment to full employment a decrease in the level of technology instability 13 Figure Consumer and Capital Goods Look at the figure Consumer and Capital Goods Point Z A is unattainable all other things unchanged B is attainable if the economy is able to reach full employment C is attainable if the quantity and or quality of factors decreases D will be attained as soon as the economy becomes efficient and moves to curve 2