There are a number of benefits that usually accompany economic growth. The following are such benefits EXCEPT
A) increase in literacy.
B) increased expected life-spans.
C) political stability.
D) urban congestion.
D
Economics
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In the range of increasing marginal returns, total product is
a. increasing at a constant rate b. increasing at an increasing rate c. increasing at a decreasing rate d. decreasing at an increasing rate e. decreasing at a decreasing rate
Economics
If product Y is an inferior good, an increase in consumer incomes will:
a. Not affect the sales of product Y b. Shift the demand curve for product Y to the left c. Result in a surplus of product Y d. Shift the demand curve for product Y to the right
Economics