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Desirability and Sustainability of Economic Growth

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Is economic growth desirable and sustainable? Make an argument for yes as well as no.

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The answer to this problem explains the desirability and sustainability of economic growth . The references related to the answer are also included.

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Economic growth is desirable and sustainable because it improves living standards, creates more jobs, and increases capital investment. Higher capital investment makes economic growth more desirable. From the perspective of the government, economic growth provides fiscal dividend. In other words, the economy boosts tax revenues and generates money to ...

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