Immiserizing growth is most likely to occur when

A. the increase in population equals the increase in national income of a country.
B. economic growth leads to a deterioration of a country's terms of trade.
C. the import payments of a country decline relative to its export earnings
D. the benefits of economic growth are not shared equally by all residents of the country.

Answer: B

Economics

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The negative slope of an indifference curve means that the consumer must give up quantity of one good as the quantity of another good increases in order for total utility to ____

a. remain constant. b. increase c. decrease d. normalize.

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