Without Technological Advancement, How Can a Nation Achieve Economic Growth

question 111

Multiple Choice

Without technological advancement, how can a nation achieve economic growth?

• A)by producing more high-value goods and fewer low-value goods
• B)by increasing the quantities of at least one factor of production
• C)by producing more low-value goods and fewer high-value goods
• D)by decreasing the size of the labour force

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Definitions:

Alfred Binet

A French psychologist who made significant contributions to intelligence testing and developed the first practical IQ test.

Mental Age

A measure of an individual's cognitive abilities expressed in terms of the average age at which a normal individual reaches the same level of ability.

Reasoning Skills

The ability to think, conclude, and apply logical processes to solve problems, make decisions, and understand complex concepts.

WAIS

The Wechsler Adult Intelligence Scale, a standardized test designed to measure adult intelligence and cognitive ability.