According to the method of growth accounting, which of the following contribute to economic growth?
A) capital growth
B) labor growth
C) technological progress
D) all of the above
Correct Answer:
Verified
Q77: In a simple economy without government or
Q78: If a country runs a trade deficit
Q79: Nations that borrow from abroad to support
Q80: Draw a graph showing the effect of
Q81: Recall the Application about growth in China
Q83: Labor productivity is defined as
A) total output
Q84: Suppose the growth rate of GDP in
Q85: Technological innovations are not necessarily major scientific
Q86: Recall the Application about growth in China
Q87: Growth accounting refers to the method used
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents