Economists generally assume that faster economic growth is negative for society.

Name: Economists generally assume that faster economic growth is negative for society.
Brand: Quizplus
Rating: 4.9 (27 reviews)

Question

Quizplus · Accepted Answer

Economists generally assume that faster economic growth is positive for society as it leads to increased productivity, higher incomes, and improved standards of living. However, there may be negative consequences such as environmental degradation and income inequality that need to be addressed.

Economists Generally Assume That Faster Economic Growth Is Negative for Society