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any answers would be gratefully appreciated :) :)
pollution, unequal distribution of Y
It can cause demand-pull inflation as people have more money and if the increased demand does not meet supply then it may cause the prices to rise. also balance of payments deficit this is because 60% of our INCREASED income is spent on imports.
Negative externalities ie pollution & depletion of natural resources
Inequalities of income and wealth
Decrase in the quality of life **