Question

Why do countries pursue the macroeconomic goal of economic growth?
A.
Economic growth prevents prices from becoming inflated.
B.
Economic growth results in a wealthier country overall.
C.
Economic growth ensures that all citizens have jobs.
D.
Economic growth creates a lower per capita gross domestic product.

Answer 1

Answer: Economic growth results in a wealthier country overall

Not -economic growth creates a lower per capita gross domestic product

Answer 2

Economic growth results in a wealthier country overall countries pursue the macroeconomic goal of economic growth. It ensures the individual's growth and good living of standard.

What is macroeconomics?

Macroeconomics is the branch of economics that studies the economy's overall structure, performance, behavior, and decision-making.

The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.

Thus, option B is correct.

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