Microeconomics Full-Length Practice Test 2Microeconomics Full-Length
Practice Test 2
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- Question 7 refers to the following graph.
The graph above shows the production possibilities curve of a society. Which of the following statements is false?
A. If the society chooses point A, it chooses to consume more consumer goods than capital goods.
B. If the society chooses point C, it chooses more future consumption and less current consumption.
C. If the society chooses point B, it chooses more capital goods than at point A.
D. If the society chooses point A, it chooses less current consumption and more future consumption.
E. If the society chooses point C, it chooses less current consumption than at point B.Capital GoodsACBConsumer
Goods