Which of the Following Stands True for the Determinants of Growth

question 43

Multiple Choice

Which of the following stands true for the determinants of growth?

• A)The long-run aggregate supply curve is a horizontal line at the potential level of real GDP.
• B)Land can be combined with labor and capital to produce goods and services.
• C)The labor force typically grows more rapidly in industrial countries than in developing countries because birth rates are higher in industrial countries.
• D)The ability of a country to invest in capital goods is tied to its ability to spend.
• E)The size of the labor force is a function of the size of the youth in the population and the percentage of that population that is in the labor force.