Figure 1-2

-The "zero sum" society is
A)a society that has reached its limit in population growth and has placed quotas on its birth rate.
B)a society where the rate of growth of GDP minus the inflation rate equals zero.
C)a society in which the fluctuations of GDP around the natural level of output sum to zero.
D)a society with no productivity growth in which any additional good enjoyed by one person requires that something be taken away from someone else.

Question

Figure 1-2
 
-The "zero sum" society is
A)a society that has reached its limit in population growth and has placed quotas on its birth rate. 
B)a society where the rate of growth of GDP minus the inflation rate equals zero. 
C)a society in which the fluctuations of GDP around the natural level of output sum to zero. 
D)a society with no productivity growth in which any additional good enjoyed by one person requires that something be taken away from someone else.

Quizplus · Accepted Answer

The term "zero sum" refers to a situation where any additional good enjoyed by one person must be taken away from someone else. In other words, there is no way for everyone to benefit or gain, as any gain by one person results in a loss for others. This can occur in a society with no productivity growth or where resources are limited, leading to a fixed amount of goods that must be shared amongst individuals. Therefore, option D is the best choice. Options A, B, and C are incorrect as they do not relate to the definition of a "zero sum" society.

Figure 1-2 -The "Zero Sum" Society Is