Answer to Question #235967 in Microeconomics for Abdul

Question

what would be an opportunity cost of growth in economy ?

A)the faster growth of services than manufacturing

B)the need for an increased level of imported raw materials

C)the need for greater government intervention

D)the reduction in consumption if growth requires investment

Answer 1

C)the need for greater government intervention

Government intervention may be based on coming with strategy to control inflation and decline within an economy. This may be an opportunity cost of stabilizing the economy.