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Which of the following is a true statement?
A. Most economists believe that increases in real GDP actually produce decreases in overall economic well-being because of spillover costs.
B. Economists who support economic growth say that it is the most practical route to the higher standards of living that the vast majority of people desire.
C. Most economists believe that the recent rise in the average rate of productivity growth implies an end to the business cycle.
D. Mainstream economists disagree as to whether the rate of productivity growth was higher between 1995 and 2009 or between 1973 and 1995.

Respuesta :

Nyctalus

Answer:

Option B                          

Explanation:

Economic growth refers to the rise throughout the inflation-considered market worth of the economically produced goods and services over time. It is classically calculated as a real gross domestic product,percentage of rise.

The standard of living of an individual or socioeconomic class is the level of income, pleasure, material things, and essentials that are accessible with them in a specific geographical region, typically a nation.

Thus, from the above we can conclude that the correct option is B .

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