All of the Following Are Sources of Economic Growth Except

question 24

Multiple Choice

All of the following are sources of economic growth except

• A) increases in human capital.
• B) an increase in the savings rate.
• C) an increase in consumption spending to stimulate production.
• D) increases in physical capital.

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Definitions:

Cash Collected

The total amount of money received by a company during a specified period, including revenues, financing, and investments.

Cash Paid

The total amount of cash disbursed by a company for various purposes, including operating expenses, investment activities, and financing activities.

Revenue Recognition Principle

An accounting guideline that determines the specific conditions under which revenue is recognized or accounted for.

Expense Recognition Principle

A core principle of accrual accounting that dictates when expenses are recognized and reported in the financial statements, generally aligning expenses with the revenues they help to generate.