menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 11
  4. Exam
    Exam 2: The Economic Problem: Scarcity and Choice
  5. Question
    Why Might an Economist Argue That It Could Be Damaging
Solved

Why Might an Economist Argue That It Could Be Damaging

Question 55

Question 55

Essay

Why might an economist argue that it could be damaging to the economic growth of a nation if it focused mostly on the production of consumer goods?

Correct Answer:

verifed

Verified

The reason for concern is that focusing ...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q50: Because of the quantity and quality of

Q51: Kathy and Amy paint pictures and do

Q52: Why does the opportunity cost of producing

Q53: Michael Jordan has more athletic ability than

Q54: Explain why the costs of most services

Q56: Evaluate the following statement. "The nation of

Q57: Suppose you have saved $300. You can

Q58: Refer to the information provided in Scenario

Q59: What is the opportunity cost of producing

Q60: How does an individual know whether or

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines