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NYC NYC
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Which of the following statements is false?
A) Growth benefits different groups of society in different ways.
B) Proponents of growth argue that we need to be concerned about the depletion of natural resources because the supply of natural resources is limited.
C) If the distribution of income were less equally distributed, the economy would grow more quickly because the rich save more, and this would lead to greater capital accumulation.
D) Growth will always lead to an improvement in the quality of life, because consumers will have more goods available to consume.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
Thanks for answering Slight Smile
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