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Which one of the following statements on the economic environment is incorrect?
a. A poor economic growth rate causes the impoverishment of consumers.
b The higher the growth rate, the higher the standard of living of the population
c. The economic growth rate indirectly affects the income of the consumers of products and services
d. The high growth rate of the South African population dilutes the income of consumers.​

Respuesta :

BidithAryal

Answer:

the b or d is the answer l m 60% sure

The Economic Growth rate directly affects the income of the consumers of products and services, hence option C is Incorrect.

Economic Growth Rate

There is direct relationship between Economic Growth Rate and the Consumers income. It is because according to economists during 20th century the economic growth played a prominent factor in reducing poverty, and increasing income.

Thus Economic Growth directly affects the income of Consumers, as it enables them to consume more goods and services, which also raise thier standards of living.

Learn more about Economic Growth Rate here:

https://brainly.com/question/1690575

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