What Are the Two Primary Determinants of Economic Growth

question 119

Multiple Choice

What are the two primary determinants of economic growth?

• A)The availability of resources and productivity factors
• B)Technology and money
• C)The quantity of capital and the quantity of money
• D)The ability to trade and the size of the labor force
• E)Comparative advantage and the law of diminishing returns

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Definitions:

Corporate Assets

All owned items of value, including tangible and intangible properties, that belong to a corporation.

Deadlocked Directors

A situation in which board members are unable to reach a consensus, halting decision-making processes.

Shareholder Proceeding

Legal actions initiated by shareholders, typically against a corporation's management or board of directors, regarding disputes over management decisions, policies, or alleged misconduct.

Attorney General

The principal legal officer who represents a country or a state in legal proceedings and advises its government on legal matters.