Which of the following is a desirable characteristic in an economy?
A) growing per-capita output
B) high inflation
C) cyclical unemployment
D) sustained deflation

Question

Quizplus · Accepted Answer

Growing per-capita output is a desirable characteristic as it indicates an increase in overall economic activity and standard of living for individuals within the economy. High inflation, cyclical unemployment, and sustained deflation are all undesirable as they can lead to economic instability and hardship for individuals and businesses.

Which of the Following Is a Desirable Characteristic in an Economy