Which of the Following Is a Cost of Economic Growth

question 79

Multiple Choice

Which of the following is a cost of economic growth?

• A)the sacrifice of current consumption
• B)inflation in consumption goods
• C)the sacrifice of future consumption
• D)excessive depletion of a nation's natural resources

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Definitions:

Close Corporation

A business with a limited number of shareholders and no public shares, often operated more informally than public corporations but with legal protections.

State Statutes

Written laws enacted by a legislative body at the state level.

Sole Proprietorship

A type of business entity that is owned and run by one individual, where there is no legal distinction between the owner and the business.

Benefit Corporation

A type of for-profit corporate entity, recognized by certain US states, that includes positive impact on society, workers, the community, and the environment in addition to profit as its legally defined goals.