Economic growth occurs when there is

A) lower taxes on individuals.
B) growth in government spending.
C) growth in technology that increases productivity.
D) more environmental regulation.

C

Economics

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Why are some long-run average cost curves steeper on the downward side than others?

What will be an ideal response?

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If the government imposes a $3 tax in a market, the equilibrium price will rise by $3

a. True b. False Indicate whether the statement is true or false

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