Which is best considered a supply factor for long-run economic growth?

Question

Quizplus · Accepted Answer

The stock of capital goods, such as machinery, equipment, and infrastructure, is a critical supply factor for long-run economic growth. By increasing the capital stock, countries can boost productivity, efficiency, and output potential, leading to sustained economic expansion. Government spending, personal consumption expenditures, and full employment of resources are also important, but they are more related to demand factors that can affect short- to medium-term growth.

Which Is Best Considered a Supply Factor for Long-Run Economic