Supply factors in economic growth include the following, except

Question

Quizplus · Accepted Answer

Increases in purchases of output are not considered a supply factor in economic growth. Rather, it refers to the demand for goods and services, which can affect economic growth but is not a supply factor. The other options - improvements in technology, expansion of capital stock, and better education and training - are all supply factors that can contribute to economic growth by increasing the productive capacity of an economy.

Supply Factors in Economic Growth Include the Following, Except