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Which of the Following Statements Is Correct

Question 56

Multiple Choice

Which of the following statements is correct?
i.As the economy grows,the opportunity costs of economic growth decrease.
ii.Economic growth has no opportunity cost.
iii.The opportunity cost of economic growth is current consumption forgone.


A) i only
B) ii only
C) iii only
D) i and iii
E) i and ii

Correct Answer:

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