Why is perpetual economic growth necessary in a modern market economy?
a) Because the world’s population continues to increase.
b) Because citizens now expect a constantly rising living standard.
c) Because the constant creation of debt money requires the creation of additional money to cover interest payments.
d) Because the money supply is generally stable.
ANS: C
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a. True b. False Indicate whether the statement is true or false
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What is reciprocity?
What will be an ideal response?