Is faster economic growth unambiguously better?
A)No, because growth has an opportunity cost.
B)No, because growth serves no useful purpose.
C)Yes, because more goods and services are always better.
D)Yes, because it expands the production possibilities of an economy.
E)Uncertain, economic growth has no answer to this question.

Question

Quizplus · Accepted Answer

While faster economic growth can lead to an increase in the production of goods and services, it also comes at a cost. This cost could be in the form of depletion of natural resources, environmental degradation, or increased income inequality. Therefore, economic growth has an opportunity cost, and it is not necessarily always better.

Is Faster Economic Growth Unambiguously Better