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Vipin Sing

· started a discussion

· 1 Months ago

Please explain (Question:358207.0)

In long run.... Increase in consumption (demand) will increase production (supply) and hence economic growth.....how option A is correct??? Please explain

Question:

Which is one of the future consequences of an increase in the current level of consumption in the India?

Options:
A)

Slower economic growth in the future

B)

Greater economic growth in the future

C)

No change in our economic growth rate

D)

Greater capital accumulation in the future

Solution:

Ans: (a)

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