One of the essential paths to economic growth is
A) increasing population growth.
B) expanding the role of government.
C) using existing resources more eﬃciently.
D) expanding tax credits for business investment.

Question

Quizplus · Accepted Answer

Using existing resources more efficiently is an essential path to economic growth because it allows for increased productivity without the need for additional resources. This can lead to increased output, decreased costs, and higher profits, all of which contribute to economic growth. Increasing population growth can strain resources and may not necessarily lead to economic growth, while expanding the role of government and expanding tax credits for business investment may have mixed impacts on economic growth depending on how they are implemented.

One of the Essential Paths to Economic Growth Is