Higher rates of investment spending contribute most to higher levels of

Question

Quizplus · Accepted Answer

Higher levels of investment spending typically lead to improvements in technology, as firms invest in research and development, new equipment, and other innovations to improve their productivity and competitiveness. This, in turn, can drive economic growth and create new opportunities for consumption spending, but the primary driver of progress is technological advancement. Government development may also benefit from higher levels of investment spending, but this is not the most direct or significant impact. Political progress is not directly linked to investment spending.

Higher Rates of Investment Spending Contribute Most to Higher Levels