Most Modern Economists Agree That There Is a Single Factor

question 36

Multiple Choice

Most modern economists agree that there is a single factor that can be used to explain economic growth.

• A)​This is a true statement because what are needed are abundant resources.
• B)​This is a true statement because at the foundation of economic growth, it is essential that there exist extensive private property rights.
• C)​This is a false statement because nearly all economists believe that economic growth is a complex process without a single dominant factor.
• D)​This is a false statement because economists typically do not agree on policy issues.

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Definitions:

Meristem

Zone of undifferentiated parenchyma cells, the divisions of which give rise to new tissues during plant growth.

Secondary Xylem

The part of a plant that contributes to wood formation, responsible for water transport and structural support.

Cork Cambium

Lateral meristem that produces cork.

Primary Xylem

The first-formed xylem in a plant, responsible for water and mineral transportation, and it contributes to the plant's structural support.