Question

What would happen if there is no
development in the economy? *
Standard of living will improve
O Inequality will rise
O Poverty will rise
O Both B and C​

Answer 1

Answer:

${\underline{\tt{\orange{HOPE \: IT \: HELPS \: MARK \: BRAINLIST}}}}$

Explanation:

The effects of slower economic growth could include: ... Increased government borrowing – e.g. if demand for medical care and old-age pensions is growing faster than the low rate of economic growth. Possible unemployment if growth is insufficient to create new jobs displaced by technology. Lower inflation rates.

Answer 2

Answer:

poverty will rise option b is correct