Which of the following is considered a determinant of economic growth?

Question

Quizplus · Accepted Answer

Growth in productive resources such as labor, capital, and technology are considered determinants of economic growth.

Other options:

A) Increase in interest rates - this can have a negative effect on economic growth as it may discourage borrowing and spending 
B) Changing expectations - while expectations can impact economic decisions, they are not necessarily a determinant of economic growth 
C) Increase in the money supply - while this can lead to short-term economic growth, it may also lead to inflation and long-term negative effects 
E) Reduction in government spending - while reducing government spending can help reduce debt and fiscal issues, it may also reduce government investment in areas such as infrastructure and education which can negatively impact economic growth.

Which of the Following Is Considered a Determinant of Economic