Answer to Question #266600 in Macroeconomics for cami

Question

Which is not true for the growth for a nation?

A. Growth is a widely held economic goal for a nation

B. Growth raises the standards of living of a nation

C. Growth broadens the burden of scarcity for a nation

D. Growth is prompted by the technological development of a nation

Answer 1

C. Growth broadens the burden of scarcity for a nation

Growth is very important for any country and it is one of the main goal for most of the counties.

When a country grows, its gdp per capita rises which leads to a higher standard of living.

Technological development plays an important role in growth of a country.

Growth lessens the burden of scarcity for a nation, thus option C is wrong.