Economic growth is advantageous to a nation because it (A) promotes faster population growth. (B) lessens the burden of scarcity. (C) eliminates the economizing problem. (D) slows the growth of wants.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
Section: Chapter Questions
Problem 7SCQ: List the areas where government policy can help economic growth.
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Economic growth is advantageous to a nation because it
(A) promotes faster population growth.
B) lessens the burden of scarcity.
(C) eliminates the economizing problem.
(D) slows the growth of wants.
Transcribed Image Text:Economic growth is advantageous to a nation because it (A) promotes faster population growth. B) lessens the burden of scarcity. (C) eliminates the economizing problem. (D) slows the growth of wants.
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