Which of the Following Environments Contains Factors Suitable for Economic

question 35

Multiple Choice

Which of the following environments contains factors suitable for economic growth?

• A) well-functioning markets, specialization in one's comparative advantage, and good health care systems
• B) well-functioning competitive markets, property rights, and firm creativity
• C) development of physical and human capital per worker, and technological advancement
• D) All of the answers are correct.

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Definitions:

CAT Mnemonic

A memory aid used to recall specific information, but without more context, the exact application of "CAT" cannot be determined.

Accomplish Change

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The act of drawing or outlining a design or idea quickly without much detail as a preliminary to further work.