Growth that is independent of any factors in the economy is:
A) steady state growth.
B) exogenous growth.
C) endogenous growth.
D) random growth.
E) predictable growth.

Question

Quizplus · Accepted Answer

Exogenous growth refers to growth that is independent of any internal factors in the economy, such as population growth or technological advancement. It is usually driven by external factors, such as international trade or investment.

Growth That Is Independent of Any Factors in the Economy