An Increase in a Country's Population May Contribute to the Rate

question 95

Multiple Choice

An increase in a country's population may contribute to the rate of technological progress because a larger population

• A)forces the capital stock to be spread more thinly.
• B)forces natural resources to be spread more thinly.
• C)brings with it more scientists,inventors,and engineers.
• D)brings with it more favorable recognition from other countries.

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Definitions:

Ethical Responsibility

Ethical responsibility refers to the moral obligation to act correctly towards others, including considerations of fairness, justice, and respecting the rights of individuals and the community.

Contingent Liability

A potential liability that has arisen as the result of a past event; it is not a definitive liability until some future event occurs.

Balance Sheet

A financial statement that displays a company's financial position at a specific point in time, listing assets, liabilities, and equity.

Probable

Likely to occur or to be true, often used in accounting to describe the likelihood of a future event affecting financial statements.