The Costs of Economic Growth Include Which of the Following

question 65

Multiple Choice

The costs of economic growth include which of the following?

• A)pollution and the depletion of natural resources
• B)global warming
• C)increased income inequality
• D)Technological advances also may lead to the loss of specific jobs and industries.
• E)all of the above

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Definitions:

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership value in the company.

Owner's Drawings

The amount of money taken out of a business by its owner for personal use.

Revenues

Revenues are the total amounts of money earned by a company from its business activities, before any expenses are deducted.

Expenses

Costs incurred in the process of generating revenue, including operating costs, utilities, and salaries.