We are interested in long- term growth primarily because it brings

Question

Quizplus · Accepted Answer

Long-term growth leads to higher standards of living due to increased productivity, job opportunities, and higher incomes for individuals and households. This ultimately leads to a greater quality of life and economic prosperity. Lower price levels and trade wars with trading partners are not direct results of long-term growth. Higher price levels may occur in the short term due to increased demand, but this is not a sustainable indicator of economic growth.

We Are Interested in Long- Term Growth Primarily Because It