The long-run growth of an economy depends on productive resources (land, labor, and capital) and on technological advances.

Name: The long-run growth of an economy depends on productive resources (land, labor, and capital) and on technological advances.
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Question

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Long-run economic growth depends on the availability of productive resources and technological advances that lead to increased productivity and improved efficiency in the use of those resources.

The Long-Run Growth of an Economy Depends on Productive Resources