Economic growth arises from increases in the labor force, increases in the capital stock, or increases in the productivity of labor and capital.

Name: Economic growth arises from increases in the labor force, increases in the capital stock, or increases in the productivity of labor and capital.
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Question

Quizplus · Accepted Answer

Economic growth is driven by factors such as a larger labor force, more capital, and improved productivity, which enhance the economy's capacity to produce goods and services.

Economic Growth Arises from Increases in the Labor Force, Increases