An opportunity cost of economic growth is

A) essentially zero because economic growth leads to such large gains in the long run.
B) the decrease in production of consumption goods in the present time period.
C) decreased by the creation of capital goods rather than consumption goods.
D) so high that places such as Hong Kong have had to do without it.

B

Economics

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Capital, K, includes

A) money. B) machinery. C) business loans. D) know-how.

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____ is a doctrine that holds that exports are good for a country, whereas imports are harmful

a. Supply-side economics b. Mercantilism c. Free trade d. Monetarism

Economics