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Based on the circular flow model, which of the following is true of economic growth? Multiple choice question. To ensure a better living standard for
Based on the circular flow model, which of the following is true of economic growth? Multiple choice question. To ensure a better living standard for people, the pace of economic growth should be reduced. Economy must slow down its growth rate to resolve major environmental issues. Economic growth is the major solution to all social ills. The possibility that the economy cannot grow indefinitely is not part of this model
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