The rate of growth of an economy mainly depends upon:
A) The rate of growth of the labour force
B) The proportion of national income saved and invested
C) The rate of technological improvements
D) All of the above
Correct Answer:
Verified
Q15: Economic growth is important because _.
A)People want
Q16: The golden-rule saving rate is the rate
Q17: Backward and forward linkage are relevant for
Q18: Two economists have been particularly associated with
Q19: The concept of economic growth is _.
A)Identical
Q21: To achieve full economic growth, Malthus laid
Q22: According to R. Nurkse, the inducement to
Q23: We can increase rate of economic growth
Q24: When an economy produces more output per
Q25: By growth rate of an economy can
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