Which of the following is a cost of economic growth? (a) umprovements in technology (b) declining future living standards (c) current saving must be sacrificed to increase investment in capital goods (d) reduced interest rates (e) the effect on workers whose skills are made obsolete by technical change
Which of the following is a cost of economic growth? (a) umprovements in technology (b) declining future living standards (c) current saving must be sacrificed to increase investment in capital goods (d) reduced interest rates (e) the effect on workers whose skills are made obsolete by technical change
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 9P
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