Capital, labor, and natural resources combine to produce goods and services. Which of the following will not lead to an increase in the ability of an economy to produce goods and services?
A) increased training for workers
B) establishing a more productive technology
C) new government restrictions on which technologies may be used to produce goods and services
D) discovery of new oil reserves

Question

Quizplus · Accepted Answer

Imposing government restrictions on which technologies may be used to produce goods and services will limit the available options and may hinder progress towards more efficient production methods.

Capital, Labor, and Natural Resources Combine to Produce Goods and Services