Which of the following statements is true?
A) The quantities of all resources available to an economy can be readily increased.
B) Policies to promote economic growth should focus on increasing the amount and efficiency of available resources.
C) Economic growth should be encouraged through policies that stimulate business investment spending while keeping the demand for goods and services low.
D) All of the above.

Question

Quizplus · Accepted Answer

Economic growth is often achieved by enhancing the quantity and efficiency of resources in an economy, including labor, capital, and technology. This approach focuses on improving productivity and expanding the capacity for production, which is a widely accepted strategy for promoting growth.

Which of the Following Statements Is True