The Costs of Economic Growth Include

question 46

Multiple Choice

The costs of economic growth include

• A)declining future living standards.
• B)current saving must be sacrificed to increase investment in capital goods.
• C)improvements in technology.
• D)the effects on workers whose skills are made obsolete by technical change.
• E)reduced interest rates.

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Definitions:

Uniform Electronic Commerce Act

Legislation aimed at standardizing and facilitating electronic transactions across jurisdictions.

UECA

Stands for Uniform Electronic Commerce Act; a set of laws intended to facilitate electronic commerce by giving legal recognition to electronic records and signatures.

Email Communication

The use of electronic mail for exchanging messages, documents, or information, which can have legal significance, especially in business transactions.

Web-Based Communication

The exchange of information through internet-based platforms, including email, instant messaging, social media, and websites.