What Is the Opportunity Cost of Economic Growth

question 161

Multiple Choice

What is the opportunity cost of economic growth?

• A) current period consumption goods
• B) current period capital goods
• C) land
• D) both current period consumption and capital goods
• E) both current period capital goods and land

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Definitions:

Suspension

A serious disciplinary sanction in which an attorney who has violated an ethical rule or a law is prohibited from practicing law in the state for a specified or an indefinite period of time.

Mildest Sanction

The least severe form of penalty or disciplinary action imposed in response to a wrongdoing or offense.

Attorney Violations

Actions or behaviors by a lawyer that breach professional codes, legal ethics, or laws.

Reprimand

A disciplinary sanction in which an attorney is rebuked for misbehavior. Although a reprimand is the mildest sanction for attorney misconduct, it is serious and may significantly damage the attorney’s reputation in the legal community.