Which of the following explains the vicious circle of poverty? a. By investing in education and infrastructure at the same time, the country can overcome the problems of poverty. b. Poverty arises out...

Which of the following explains the vicious circle of

poverty?

a. By investing in education and infrastructure at the

same time, the country can overcome the problems of poverty.

b. Poverty arises out of the lack of investment, but

they cannot invest because they are poor.

c. A nation can shift its production possibilities

curve inward by shifting more resources into the

production of capital goods.

d. A nation can shift its production possibilities

curve outward by shifting more resources into the

production of consumer goods.