Without an Increase in the Supplies of Factors of Production

question 25

Multiple Choice

Without an increase in the supplies of factors of production, how can a nation achieve economic growth?

• A) by producing more high-value goods and less of low-value goods
• B) through technological advancement which enables more output with the same quantity of resources
• C) by lowering the prices of factors of production
• D) by increasing the prices of factors of production

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Definitions:

Spermatogenesis

The production of male gametes (sperm) by meiosis and subsequent cell differentiation. Compare with oogenesis.

Philadelphia Chromosome

A specific genetic abnormality in chromosome 22, associated with chronic myeloid leukemia (CML).

Chronic Myelogenous Leukemia

A type of cancer that affects the bone marrow and blood, characterized by the overproduction of white blood cells.

Jacobsen Syndrome

A rare genetic disorder characterized by a deletion on chromosome 11, leading to developmental delays and physical abnormalities.