8. Identify the following arguments about economic growth as being either anti-growth or pro-growth. LO8.6 a. Growth
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8. Identify the following arguments about economic growth as being either anti-growth or pro-growth. LO8.6
a. Growth means worker burnout and frantic schedules.
b. Rising incomes allow people to buy more education, medical care, and recreation.
c. The Earth has only finite amounts of natural resources.
d. We still have poverty, homelessness, and discrimination even in the richest countries.
e. Richer countries spend more money protecting the environment.
f. Natural resource prices have fallen rather than increased over time
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Related Book For
Macroeconomics
ISBN: 9781259915673
21st Edition
Authors: Campbell McConnell, Stanley Brue , Sean Flynn
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