If the Pre-Conditions for Growth Are in Place,the Pace of Productivity

question 30

Multiple Choice

If the pre-conditions for growth are in place,the pace of productivity growth is influenced by i.physical and human capital growth.
Ii) echnological advances.
Iii) the amount of government incentives for investment.

• A)ii only
• B)i and ii
• C)i,ii and iii
• D)ii and iii
• E)i only

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Definitions:

Expense Accounts

Accounts used to record all expenditures incurred by a business during an accounting period, excluding costs of goods sold.

Debits

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet or in an expense on the income statement.

Debt Ratio

A financial ratio that compares the amount of debt a company has to its total assets.

Risk

The potential for loss or the chance that an investment's actual return will differ from the expected outcome.