Other things equal, if Mexico devotes more resources to train its population than Spain, O A) Mexico will have more current consumption than Spain. B) Mexico will grow faster than Spain. C) Spain will grow faster than Mexico. D) Mexico will be able to eliminate scarcity faster than Spain. E) Mexico will be able to eliminate opportunity cost faster than Spain.
Other things equal, if Mexico devotes more resources to train its population than Spain, O A) Mexico will have more current consumption than Spain. B) Mexico will grow faster than Spain. C) Spain will grow faster than Mexico. D) Mexico will be able to eliminate scarcity faster than Spain. E) Mexico will be able to eliminate opportunity cost faster than Spain.
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 8SQ
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