DISCUSSION: These answers are long. But it’s possible to eliminate them fairly quickly if you consider what the whole passage talked about.
The steady-state economists were the main focus of the passage. Many of the wrong answers hardly mention them, or misdescribe their views.
The right answer only briefly mentions neoclassical economists, but that’s fine. It accurately describes their views, which is enough.
___________
- This describes the neoclassical view from the first paragraph, but it ignores the arguments of the steady-state economists.
- This only describes lines 9-13.
- This only describes the second half of the third paragraph, and it doesn’t describe it very well. The steady-state economists weren’t arguing for stagnation.
- CORRECT. This manages to describe the views of both neoclassical and steady-state economists, which covers paragraph one and two.
It ends with the steady-state proposal from the third paragraph. - This answer is gobbledegook. Steady-state economists don’t believe the economy depends on circular exchange. They think it depends on outside natural resources.
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