One of the opportunity costs of economic growth is

Question

Quizplus · Accepted Answer

Economic growth often requires investment in new technology, infrastructure, or education, which can lead to reduced current consumption as resources are redirected towards these investments. While economic growth can lead to increased future consumption and capital accumulation, these benefits may not be immediately realized and may involve trade-offs in the short term. Therefore, (C) reduced current consumption is one of the opportunity costs of economic growth.

One of the Opportunity Costs of Economic Growth Is