Homework answers / question archive / When an economy shifts away from the production of consumer goods and toward the production of capital goods, for the average worker this trade-off means A

When an economy shifts away from the production of consumer goods and toward the production of capital goods, for the average worker this trade-off means A

Economics

Share With

When an economy shifts away from the production of consumer goods and toward the production of capital goods, for the average worker this trade-off means

A. a higher standard of living.

B. longer working hours.

C. a lower savings rate (as a percentage of income).

D. more leisure time.

E. more disposable income.