Question

Trade-offs between the ______ and the future require weighing the _____ available today against what will be available tomorrow. A good produced for present ______ is a ______ good; a good that will help in the production of other valuable goods for the _____ is a ______ good.

Answer 1

• The Present

• The benefits

• Consumption

• Consumer good

• Future

• Capital

Step-by-step explanation:

• Trade-offs between the now and the future demand that the opportunities available today be balanced against what should be available tomorrow.

• A product made for present use is a consumer product; a good that will aid in the future produce certain useful products is an investment good.

Therefore, those above-written answers are correct.