Economics 9708 · AS & A Level · Production possibility curves

Production possibility curves — practice question

An economy is now operating at output Z on the production possibility curve XY. Its annual rate of economic growth is predicted to fall over the next ten years to 5% per year. If this prediction is accurate, which point would most probably show its economic output in 10 years?

  • AA
  • BB
  • CC
  • DD

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