Which of the Following Cause(s) Economic Growth

question 136

Multiple Choice

Which of the following cause(s) economic growth?

• A) c and d.
• B) d and e.
• C) The production of more scarce goods
• D) A technological improvement
• E) The production of more capital goods

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Definitions:

Variance

A measure of the dispersion or spread of a set of data points around their mean.

Standard Deviation

An indicator of the degree of spread or variability among a collection of numbers.

Variance

A measure of the dispersion of a set of data points around their mean; shows how much the data vary from the average.

Binomial Distribution

A probability distribution that summarizes the likelihood of a variable to take one of two independent values under a given number of iterations.