CALCULATIONS More Saving 3 4 5 6 7 8 9 10 11 12 13 14 15 Consumption Goods Consumption Goods Produced Capital Goods Produced More Consumption 4.0 7.5 "nstructions: Adjust the slider and gather information from the graph to answer the following questions. ) If a country produces 2 units of consumption goods, how many units of capital goods can it currently produce sing all of its resources? 9.4 If a country produces 2 units of consumption goods now, and it continues to produce 2 consumption goods goods in the future. Ow many units of capital goods can it produce in the future? report your answer to one decimal place If a country produces 4 units of consumption goods now and then it produces 2 consumption goods in the future, how many capital goods can it produce in the future? report your answer to one decimal place

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter2: Choice In A World Of Scarcity
Section: Chapter Questions
Problem 7SCQ: Would a research study on the effects of soft drink consumption on childrens cognitive development...
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Question
565995
CALCULATIONS
Capital Goods
16
755559 CH
14
13
12
11
10
0 1
2
More ←
Saving
3
Consumption Goods Produced
Capital Goods Produced
4
5
6
7 8
Production Possibilities (Present)
Production Possibilities (Future)
9 10 11 12 13 14 15
Consumption Goods
More
Consumption
4.0
7.5
Help
Save & Exit
Transcribed Image Text:565995 CALCULATIONS Capital Goods 16 755559 CH 14 13 12 11 10 0 1 2 More ← Saving 3 Consumption Goods Produced Capital Goods Produced 4 5 6 7 8 Production Possibilities (Present) Production Possibilities (Future) 9 10 11 12 13 14 15 Consumption Goods More Consumption 4.0 7.5 Help Save & Exit
CALCULATIONS
5432H
1
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Consumption Goods
More
Saving
Consumption Goods Produced
Capital Goods Produced
6
7
CC
More
Consumption
#
4.0
7.5
Instructions: Adjust the slider and gather information from the graph to answer the following questions.
a) If a country produces 2 units of consumption goods, how many units of capital goods can it currently produce
using all of its resources?
9.4
Help
) If a country produces 2 units of consumption goods now, and it continues to produce 2 consumption goods goods in the future.
how many units of capital goods can it produce in the future?
report your answer to one decimal place
Next >
Save & Exit
) If a country produces 4 units of consumption goods now, and then it produces 2 consumption goods in the future, how many
f capital goods can it produce in the future?
report your answer to one decimal place
Transcribed Image Text:CALCULATIONS 5432H 1 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Consumption Goods More Saving Consumption Goods Produced Capital Goods Produced 6 7 CC More Consumption # 4.0 7.5 Instructions: Adjust the slider and gather information from the graph to answer the following questions. a) If a country produces 2 units of consumption goods, how many units of capital goods can it currently produce using all of its resources? 9.4 Help ) If a country produces 2 units of consumption goods now, and it continues to produce 2 consumption goods goods in the future. how many units of capital goods can it produce in the future? report your answer to one decimal place Next > Save & Exit ) If a country produces 4 units of consumption goods now, and then it produces 2 consumption goods in the future, how many f capital goods can it produce in the future? report your answer to one decimal place
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