Question

Steady-state economics seeks to keep …

Select one: a. low levels of economic outputs constant. b. total capital constant. c. low levels of throughput constant. d. high levels of environmental inputs constant. e. none of the above.

Answer 1

Answer e

In a steady state economy, we essentially mean to bring about an equilibrium between production capacity and the growth of population. The pushes for fair distribution narrative and strives to leverage environmental inputs at low levels only to an extent necessary for industries to run rather than recklessly depleting the same. Maybe a closer look at option 'd' might yield a similar explanation. But I believe this strikes more relevance with respect to the steady state economy.

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