Is It Possible to Have Economic Growth with No Opportunity

question 35

Multiple Choice

Is it possible to have economic growth with no opportunity cost?

• A)No, because growth depletes the stock of knowledge so that more growth today means less growth tomorrow.
• B)No, but economic growth is always worth whatever sacrifice is required.
• C)No, because growth requires the sacrifice of consumption goods in order to invest in capital formation and research and development.
• D)Yes, economic growth requires no current sacrifices, only the passage of time.

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Definitions:

Displacement

in psychological terms, is transferring feelings or actions from the original object of those emotions to another target.

Projection

Attributing one’s own thoughts, feelings, or motives to another person.

Regression

A return to an earlier or less advanced condition or state, often viewed in psychological contexts as a defense mechanism.

Defense Mechanisms

Largely unconscious reactions that protect a person from unpleasant emotions such as anxiety and guilt.