Refer to the information provided in Figure 16.2 below to answer the questions that follow. Figure 16.2
-Refer to Figure 16.2. An economy that chooses to be at Point ________ can achieve higher economic growth rate in the future.
A) A
B) B
C) C
D) D

Question

Refer to the information provided in Figure 16.2 below to answer the questions that follow.  Figure 16.2
-Refer to Figure 16.2. An economy that chooses to be at Point ________ can achieve higher economic growth rate in the future.
A) A 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

Point B represents a combination of high investment and low consumption, which allows for more capital accumulation and ultimately higher economic growth in the future.

Refer to the Information Provided in Figure 16