Infоrmаtiоn fоr questions 16-17 A simple economy only produces Wheаt. There аre two periods: Current and Future. Therefore, there are two kinds of Wheat: Current Wheat, and Future Wheat. There are two countries: Home and Foreign. HOME’s PPF is shown in the figure. Home’s consumption choice is also shown. Also shown is Home’s choice on its PPF: that is, the Home country produces, invests, and consumes, in both periods, in a way that is consistent with the “PPF Choice” point that is shown on the figure. (Recall that the meaning of this point was explained in class.) Enter Home’s total production of wheat in the current period. Enter a whole number only. Enter 0 if the answer cannot be obtained with the information given. Only exact answer is accepted. Hint: note that this may not be as easy as it seems! In the lectures it was explained that the Home country has no incentive to forego any production in the current period, that is, it will produce the maximum that it can in the Current period, consistent with its PPF. It may dedicate some of that current production to investing, but the amount invested is still wheat that is produced!