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Dr. David Suzuki, an opponent of further economic growth, has argued that despite the fact that in the twentieth century the list of scientic and

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Dr. David Suzuki, an opponent of further economic growth, has argued that despite the fact that "in the twentieth century the list of scientic and technological achievements has been absolutely dazzling, the costs of such progress are so large that negative economic growth may be right for the future." Policies to achieve this include "rigorous reduction of waste, a questioning and distrustful attitude toward technological progress, and braking demands on the globe's resources.\" identify some of the benets of economic growth. One of the benets of economic growth if that economic growth C) A. requires signicant growth in physical capital. C) B. renders some machines obsolete. Cl 0. causes sacrices to be made by the current generation of consumers. iii D. is a powerful means of improving average material living standards. Evaluate Suzuki's position. Would the government policies recommended be enough to achieve his ends? Dr. Suzuki's position is C) A. absolutely justied as far as continued economic growth do deplete natural resources; the policies he recommends do imply a negative growth rate. C) B. justied because he takes into account both costs and benets of economic growth. Still the policies recommended imply a positive, not negative growth rate. (E) C. hardlyjustied as far as there are no signs of signicant pollution or depletion of natural resources at the moment. The policies he recommends implies a negative growth rate, but they are nor necessary. D D. not really justied as far as he emphasizes the costs of growth and pays scant attention to the benets. The policies he recommends do not necessarily imply a negative growth rate

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