If economic activity increases, it follows that economic welfare:

Question

Quizplus · Accepted Answer

Economic welfare can be influenced by various factors such as the distribution of wealth, environmental impact, and the nature of goods and services produced. An increase in economic activity could lead to improvements in living standards and job creation, but it could also result in negative outcomes like environmental degradation or increased inequality, affecting welfare differently.

If Economic Activity Increases, It Follows That Economic Welfare