All of the Following,except One,will Contribute to Economic Growth

question 44

Multiple Choice

All of the following,except one,will contribute to economic growth.Which is the exception?

• A)Increased levels of human capital.
• B)Higher prices.
• C)Increases in the capital stock.
• D)Technological change.
• E)Increased quantities of natural resources.

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Definitions:

Mortgage

A loan used to purchase real estate, secured by the property itself.

Outstanding Balance

The amount of money owed that has not yet been paid by the debtor.

Savings Account

A bank account that earns interest and is typically used for holding money that is not intended for daily expenses.

Accumulated Amount

The total sum including the principal and the compounded interest over a period.