An Increase in the Quantity and Quality of Natural Resources

question 121

True/False

An increase in the quantity and quality of natural resources is an example of a demand factor of
economic growth.

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Definitions:

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.

Validity

The extent to which a concept, conclusion, or measurement is well-founded and corresponds accurately to the real world.

Measurement Tool

Instruments or methodologies used to assess, evaluate, or quantify various metrics or performance indicators.

Performance Management

A continuous process where managers and employees work together to plan, monitor, and review an employee's work objectives and overall contribution to the organization.