Economics · Economic Growth
Which of the following can be considered a negative consequence or disadvantage of rapid economic growth?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Growth rates exceeding inflation rates
- 2The narrowing of the gap between the rich and the poor
- 3Economic growth outstripping population growth
- 4Increased production and consumption of 'demerit' goods✓
Correct answer
Increased production and consumption of 'demerit' goods
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