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Edexcel A-Level Economics AS 1.3.1 4d Significance of Capital Goods for Productivity and Economic Growth Questions

Practise linking capital goods to productivity and long-run growth by interpreting positions on a production possibility frontier.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • select the PPF position with the capital-goods mix that gives the greatest future growth potential

Edexcel A-Level Economics AS 1.3.1 4d Significance of Capital Goods for Productivity and Economic Growth Questions question 1

[Maximum number: 1]

The diagram shows a production possibility frontier for an economy.

Figure for Question Edexcel A-Level Economics AS 1.3.1 4d Significance of Capital Goods for Productivity and Economic Growth Questions question 1 — Edexcel A-Level Economics AS

Which point on the diagram shows the position that will lead to the fastest rate of economic growth?

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