Without an Increase in the Supplies of Factors of Production

question 134

Multiple Choice

Without an increase in the supplies of factors of production, a nation can 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:

Aortic Aneurysm

An abnormal enlargement or bulging of the aorta, the major blood vessel that supplies blood to the body, which can lead to serious health complications if it ruptures.

Cardiovascular System

The body system comprising the heart and blood vessels, responsible for circulating blood and nutrients throughout the body, maintaining homeostasis.

Lipoma

A benign tumor composed of adipose tissue (body fat) that is usually not harmful and can occur in any part of the body.

Benign

Describing a condition, tumor, or growth that is not cancerous and is less likely to pose a serious threat to health.