To only pursue higher rates of economic growth when the advantages of the policy outweigh the sacrifices that must be made is an example of the
A) principle of comparative advantage.
B) principle of increasing opportunity costs.
C) scarcity principle.
D) equilibrium principle.
E) cost-benefit principlE.
Correct Answer:
Verified
Q116: An abundance of natural resources,such as arable
Q117: The introduction of an overnight delivery service
Q118: Providing workers with on-the-job training will tend
Q119: The discovery and utilization of vast,previously unknown
Q120: Organizing production,obtaining financing,assigning workers to jobs,and dealing
Q122: Additional economic growth should be pursued when
A)
Q123: In Canada,over long periods of time,_ largely
Q124: Supporters of the technological depletion hypothesis suggest
Q125: The costs of economic growth include all
Q126: An aggregate production function is a mathematical
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