Question: Other things equal, if a full-employment economy reallocated a substantial quantity of its resources to capital goods, we would expect Multiple Choice present consumption to

Other things equal, if a full-employment economy reallocated a substantial quantity of its resources to capital goods, we would expect

Multiple Choice

  • present consumption to rise.
  • future consumption to fall.
  • a lower rate of growth of real GDP.
  • labor productivity to rise.

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