In Addition to Generating More Output,economic Growth Can Also Contribute

question 41

Multiple Choice

In addition to generating more output,economic growth can also contribute to:

• A) Improved health for workers.
• B) Increased unemployment for workers.
• C) Decreased productivity.
• D) A more equitable distribution of output.

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Definitions:

Marketing Strategies

Planned actions aimed at promoting and selling a product or service to target customers.

Utility

In economics, utility refers to the total satisfaction received from consuming a good or service.

Mass Customization

A production and marketing technique that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.

Individual Features

Specific characteristics or attributes that distinguish one person or thing from another.