Economics 9708 · AS & A Level · Scarcity, choice and opportunity cost

Scarcity, choice and opportunity cost — practice question

What could count as an opportunity cost of economic growth in an economy?

  • Athe faster growth of services than of manufacturing
  • Bthe need for an increased level of imported raw materials
  • Cthe need for greater government intervention
  • Dthe reduction of consumption if growth requires investment

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