The costs of economic growth include
A) declining future living standards.
B) current saving must be sacrificed to increase investment in capital goods.
C) improvements in technology.
D) the effects on workers whose skills are made obsolete by technical change.
E) reduced interest rates.
Correct Answer:
Verified
Q23: Economic growth is often associated with structural
Q27: The table below shows aggregate values for
Q29: The costs of long-run economic growth include:
1)declining
Q29: Which of the following equations is a
Q30: Long-run economic growth can help alleviate the
Q31: Consuming fewer goods today in order to
Q33: Alleviation of poverty is more achievable in
Q34: One of the benefits of long-run economic
Q35: Long-term economic growth
A)is achieved only by changes
Q38: For a given level of technology,a more
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents