The opportunity cost of economic growth is
A) future consumption that a nation gets if it gives up some present consumption.
B) future consumption that a nation gives up to consume more today.
C) present consumption that a nation gives up to accumulate capital.
D) present investment that a nation gives up to increase its economic growth.
Correct Answer:
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Q317: Q318: As an economy's capital stock increases, the Q319: Technological change Q320: Economic growth comes from Q322: Q323: One of the opportunity costs of economic Q324: Economic growth Q325: Q326: 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
A) generates economic growth.
B) shifts the
A) people willing to
A) leads to less consumption in
