Chapter 7R, Problem 11MCQ

To determine

To find:

Term for the long run growth which is continuous with the limited natural resources.

Answer to Problem 11MCQ

Option D is correct.

Explanation of Solution

Simply put, sustainable economic growth refers to a growth rate that can be sustained without causing other serious economic issues, particularly for future generations. There is undoubtedly a trade-off between current economic growth as well as future growth.

Economics Concept Introduction

Economic growth is a value of goods and services that are calculated over a period of time according to the current price level.