Economic growth
a. involves both benefits and costs
b. is beneficial to the economy only if it arises from population growth
c. is beneficial to the economy only if it arises from technological change
d. involves costs that usually outweigh the benefits
e. imposes costs because it requires a movement along the production possibilities frontier
A
You might also like to view...
If a conscientious manufacturer underestimates the probability of his product killing someone, the manufacturer will likely take precautions that are not cost justified
Indicate whether the statement is true or false
Under __________ a borrower gets advance approval from the SEC to issue securities up to a certain amount at an unspecified time in the future
A) advance registration B) pre-registration C) guaranteed registration D) shelf registration