Page (s) 47-49 2.4. What is the trade-off between having more now and having more later? Fill in the blanks to complete the passage about trade-offs. It is characteristic of - goods that they are not used up in the short run. A society can choose to - some quality of life now-fewer consumer goods-in order to build up its stock of capital goods. This will lead to a - -and more consumer goods-later on.

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Business

Timothy Hurst

22 August, 07:08

Page (s) 47-49 2.4. What is the trade-off between having more now and having more later? Fill in the blanks to complete the passage about trade-offs. It is characteristic of - goods that they are not used up in the short run. A society can choose to - some quality of life now-fewer consumer goods-in order to build up its stock of capital goods. This will lead to a - -and more consumer goods-later on.

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Captain · Answer 1

Capital Goods, Sacrifice, Invest in, Better Quality of Life

Explanation:

It is characteristic of Capital goods that they are not used up in the short run. A society can choose to sacrifice some quality of life now Invest in fewer consumer goods in order to build up its stock of capital goods. This will lead to a better quality of life and more consumer goods later on. that is it.