A likely result of a growing economy is an increase in employment opportunities. As businesses expand and consumer demand rises, companies tend to hire more workers to meet this demand, leading to lower unemployment rates. Other potential results of a growing economy can include increased consumer spending, rising wages, higher levels of investment in infrastructure and innovation, and improving overall standards of living. However, it can also lead to inflation if the growth outpaces supply.
Which is a likely result of a growing economy?
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