QUES TION 20 Country A and B have identi uses most of its resources to produce c

Question

QUES TION 20 Country A and B have identi uses most of its resources to produce consumer goods. Hence e both countries grow at the same rate e country A grows faster than country B O country B grows faster than country A o the opportunity cost of economic growth is lower in country A cal PPFs but Country A uses most of its available resources to produce capital goods, while county B Both answers B and D are correct QUESTION 21 During 2005, net domestic product at factor cost equals $3 300 illion Indiect laxes minus subsidies equals $200 billion, depreciation equais 5800 billion, the statistical discrepancy equals zero and net operating surplus equals 3150 bision The country's GDP equa's $3.500 billion $4.150 bilion $4 450 billion $4,300 billion. 52,300 billion QUESTION 22

Explanation / Answer

20. The correct answer is E. This is as capital goods contribute to growth and so the opportunity cost will be lower. The correct answer is E.

21. Not enough information to answer this question.

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