Which of the Following Is a Desirable Characteristic in an Economy

question 61

Multiple Choice

Which of the following is a desirable characteristic in an economy?

• A) growing per-capita output
• B) rapid increase in the general price level
• C) population growing the same rate as output
• D) population growing faster than output

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Definitions:

Marketing Applications

The use of marketing strategies, tools, and techniques to promote and sell products or services.

Materialism

A value system that places a high importance on the acquisition and possession of material goods and wealth as a measure of success or happiness.

Negative Consequences

Undesirable outcomes resulting from an action or decision, often causing harm or loss.

Concrete Language

Language that describes specific, observable things, actions, or physical entities, as opposed to abstract concepts.