a) Use the concept of opportunity cost to show how one might legitimately object to saving more in order to increase economic growth.

b)

' Eoc 4.20 Production possibilities frontier Capital goods Consumption goods How would your response to the previous question change if the economy was producing at a point below its production possibilities frontier? [Image description: The graph shows the PPF with PointA lying within the PPF curve. Vertical axis is capital goods and horizontal axis is consumption goods]