Which of the Following Is a TRUE Statement

question 46

Multiple Choice

Which of the following is a TRUE statement?

• A) The most important sources of economic growth are the quantity and quality of the land and other natural resources a country controls.
• B) The most important source of economic growth is the rate of population growth since a growing population stimulates demand for goods and services, and provides the labor to produce the goods and services.
• C) The most important sources of economic growth are the new ideas generated by entrepreneurs in an economic system that permits them to capture the rewards of their entrepreneurial activities.
• D) The most important source of economic growth is the extent to which the government directly enters into decisions where research and development activities should be directed and who should be involved in research and development activity.

---

Definitions:

Ratio

A numerical relationship indicating the number of times one value is contained within or contains the other.

Equivalent Ratio

Ratios that represent the same relationship between two or more quantities, even if their numerals are different.

Smallest Term

The term with the least duration or the smallest numerical value in a series or equation.

Ratio

A mathematical correlation between two values indicating the frequency one number can be contained by the other.