1 Improvements in Technology

question 225

Multiple Choice

1. Improvements in technology. 2. Increases in the supply (stock) of capital goods.
3) Purchases of expanding output.
4) Obtaining the optimal combination of goods, each at least-cost production.
5) Increases in the quantity and quality of natural resources.
6) Increases in the quantity and quality of human resources.
Use the accompanying list to answer the following question. As distinct from the supply factors and
Efficiency factor of economic growth, the demand factor(s) of economic growth is (are)

• A) 1 only.
• B) 4 only.
• C) 1 and 3 only.
• D) 3 only.

---

Definitions:

Authority's Social Power

The influence and control exerted by an individual or group in a position of authority, affecting the behavior or opinions of others within a social structure.

Online Groups

Communities or collectives that interact, share information, and pursue common interests or objectives via internet-based platforms.

Face-To-Face Groups

Social gatherings or meetings where participants interact directly and physically in the same location.

Allocate Status

The distribution or assignment of social standing or prestige within a group based on criteria such as job performance, contribution, or inherent characteristics.