Refer to the graph provided.

a. Which point(s) could represent a downturn in the business cycle?

b. Which point(s) represent efficient production?

c. Which point(s) are attainable only after long-run economic growth?

d. How would long-run economic growth be represented on this graph?

e. Policy that results in an increase in the production of consumer goods without reducing the production of investment goods is represented by a movement from point to point .

f. Producing at which efficient point this year would lead to the most economic growth next year?

Quantity of investment goods D F C E PPC B Quantity of consumer goods