Economics (AS & A Level) · Oct / Nov 2023 · Paper 32 · Question 18

What is likely to happen when the productive capacity of a free enterprise economy increases over a long period of time?

1. AFuture generations will be less well-off than present generations.
2. BIncreasing the production of one good cannot be done without decreasing the production of another.
3. CIndividuals will have more choices due to a wider range of consumer goods.
4. DRising levels of output will cause per capita incomes to equalise.

As printed in the paper