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What are the potential advantages of economic growth?
The potential advantages of growth include
• More goods and services are accessible to satisfy more want and requirements
• Higher employment permits higher wages so that poverty is decreased.
• Employees earn higher incomes for producing more goods and more services
• Raised pollution,
• Depletion of non renewable natural resources
• The advantages may be narrowly distributed to the wealthy
• Growth may be not sustainable and threaten the well being of future generations.
Example of Fixed Investment-ACCOUNTING SYSTEM Consider again the economy in example III. An inventor offers to construct some machines for each of the three companies which wo
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In a city of 120,000 people there are 20,000 Norwegians. What is the probability that a randomly selected person from the city will be Norwegian?
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Must use current data! I do not need a response until later this week, so take your time. In addition, I will be using your information as reference only. I will not plagiarize. Th
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