Which of the Following Has Made the Greatest Contribution to Economic

question 106

Multiple Choice

Which of the following has made the greatest contribution to economic growth over time?

• A)Improved management techniques.
• B)Higher ratios of capital to labor.
• C)Research and development.

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Definitions:

Entitled

Having a legal right or a just claim to receive or do something.

Trustee

An individual or firm that holds or administers property or assets for the benefit of a third party.

Beneficiary

An individual or entity entitled to benefits or advantages from something, such as a trust, insurance policy, or a will.

Decedent's Estate

The real and personal property owned by an individual at the time of their death, subject to distribution according to their will or state laws.