Arguments that economic growth must be constrained by environmental problems and limits of natural resources ignore the fact that economic growth can:
A)be measured in both nominal and real terms.
B)increase both average labor productivity and the share of population employed.
C)take the form of improved quality as well as increased quantity.
D)occur with only benefits and no economic costs.

Question

Quizplus · Accepted Answer

Making more fuel-efficient cars that cause less pollution counts as economic growth even if the number of goods is the same. Economic growth can be reflected in quality improvements as well as quantity increases.

Arguments That Economic Growth Must Be Constrained by Environmental Problems