Which of the following is a potential downside of economic growth?
A) People may become too happy.
B) If the economy grows too quickly, standards of living may rise too quickly for people to notice.
C) Economic growth tends to lead to more and more government corruption.
D) It is possible that economic growth can have a negative impact on the environment.
Correct Answer:
Verified
Q24: Long-term growth is measured by
A) looking at
Q25: The production possibility frontier represents
A) the different
Q26: Which of the following is NOT an
Q27: What would NOT be one of the
Q28: GDP and real GDP are ways to
Q30: Which of the following would cause an
Q31: Productivity growth is usually an indicator of
A)
Q32: The GDP does not include things such
Q33: Identifying real GDP growth requires
A) measuring all
Q34: In the past 50 years,the economy of
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