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If Economic Activity Increases, It Follows That Economic Welfare

Question 158

Multiple Choice

If economic activity increases, it follows that economic welfare:


A) increases as more goods and services become available.
B) decreases as more resources are depleted.
C) does not change since it does not depend on the level of economic activity.
D) may increase, decrease, or remain unchanged depending on the nature of the increase in economic activity.

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