In growth accounting, the three sources of growth for a country are:

Question

Quizplus · Accepted Answer

Growth accounting measures the contribution of different factors to economic growth. The three sources of growth identified in growth accounting are labor, capital and technological progress. This is because labor and capital contribute to production and technological progress leads to improvements in productivity and efficiency. Therefore, option D is the correct choice. Options A, B and C are not accurate sources of growth in growth accounting.

In Growth Accounting, the Three Sources of Growth for a Country