Which Is NOT a Source of Economic Growth

question 24

Multiple Choice

Which is NOT a source of economic growth?

• A) increasing business investment
• B) increasing research and development
• C) reducing the level of international trade
• D) reducing the variability of inflation

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Definitions:

Core Work Tasks

The essential duties and responsibilities that are central to a job or employment position.

Break-even Point

The moment at which total costs and total revenues are equal, meaning no net loss or gain is experienced by the business.

Cost Of Goods Sold

The Cost Of Goods Sold (COGS) represents the direct expenses related to the production of goods sold by a company, including materials and labor costs.

Expenses

The economic costs that a business incurs through its operations to earn revenue, which could include costs of goods sold, salaries, and rent.