Each of the following is a benefit of economic growth:
a. an expansion in the range of goods and services available for purchase,
b. reductions in infant mortality, and
c. increased income inequality.

Question

Quizplus · Accepted Answer

Economic growth typically leads to an expansion in the range of goods and services available and can contribute to reductions in infant mortality due to improved living standards. However, increased income inequality is generally considered a negative consequence, not a benefit, of economic growth if the gains are not distributed evenly across society.

Each of the Following Is a Benefit of Economic Growth