Which of the following changes would contribute to a nation's rapid long-run economic growth?

Question

Quizplus · Accepted Answer

Faster technological progress would lead to an increase in productivity and efficiency, ultimately resulting in economic growth. The other choices would have a negative impact on long-run economic growth. Faster population growth could lead to resource depletion and put a strain on the economy. Less physical capital per worker would mean a decrease in productivity, and lower levels of average human capital would mean a decrease in the quality of workers available to contribute to economic growth.

Which of the Following Changes Would Contribute to a Nation's