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:

Retinohypothalamic Pathway

A neural pathway connecting the retina to the hypothalamus, involved in regulating circadian rhythms based on light exposure.

Suprachiasmatic Nucleus

A small region of the brain in the hypothalamus, responsible for controlling circadian rhythms.

Optic Chiasm

Junction of the optic nerves, one from each eye, at which the axons from the nasal halves of the retinas cross to the brain’s opposite side.