Which of the following is a potential cost of long-run growth?
A) Increased unemployment
B) Resource exhaustion
C) Higher trade surplus
D) Higher budget deficits
Correct Answer:
Verified
Q25: Robert Lucas reflects the view of many
Q26: Markets help to promote growth by:
A)increasing specialization
Q27: The rule of 72 implies that a
Q28: Market economies have been successful in leading
Q29: The rule of 72 implies that a
Q31: The rule of 72 implies that a
Q32: Economic growth causes:
A)the production possibility curve to
Q33: Suppose Botswana doubles its income in 6
Q34: Say's Law allows growth theorists to:
A)ignore aggregate
Q35: According to new growth theory, the primary
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