Which of the following explains why production rises in most years?
A) increases in prices of goods and services
B) increases in stock prices
C) aging population
D) technological innovation

Question

Quizplus · Accepted Answer

Technological innovation can improve production by reducing costs, improving efficiency, and making new products and services available. This can lead to an increase in production in most years. Increases in prices of goods and services, increases in stock prices, and an aging population may have an impact on the economy but do not necessarily explain why production rises in most years.

Which of the Following Explains Why Production Rises in Most