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Home Q & A Board Humanities History Anthropology
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hellink hellink
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6 years ago
Why is perpetual economic growth necessary in a modern market economy?
 
  a) Because the worlds population continues to increase.
  b) Because citizens now expect a constantly rising living standard.
  c) Because the constant creation of debt money requires the creation of additional money to cover interest payments.
  d) Because the money supply is generally stable.
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karlexkarlex
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6 years ago
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hellink Author
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6 years ago
Thanks
husne
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Yesterday
this is exactly what I needed
rileyjones420
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2 hours ago
Thanks
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