The answer to this question is b
Answer: Option C
Explanation: In simple words, rate of economic growth refers to the change in a country's gross domestic product from one year to another. GDP refers to the market value of goods and services produced by an economy in a particular time period, generally a year.
An economy who do not increase its GDP with a speedy rate cannot fulfill the increasing requirements and expectations of its citizens. A lower rate of economic growth will decrease the standard of living and increase the cost of living.
Hence from the above we can conclude that the correct option is CC
The answer to the question asked above is that basic choices that are faced by all societies are to solve the problem regarding the scarcity of resources, and to satisfy everyone in the society with the given scarce resource.
Hope my answer would be a great help for you.
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Passed by Congress June 4, 1919, and ratified on August 18, 1920, the 19th amendment granted women the right to vote.
Here is a short and simple link to the answers to where I found mine:
http://www.coe.int/t/dgap/localdemocracy/Strategy_Innovation/12principles_en.asp
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