Which of the Following Is Not a Determinant of the Long-Run

question 47

Multiple Choice

Which of the following is not a determinant of the long-run level of real GDP?

• A)the price level.
• B)the amount of capital used by firms.
• C)available stock of human capital.
• D)available technology

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Definitions:

Operating Expenditure

The costs associated with the day-to-day operations of a business, including salaries, rent, and utilities.

Financial Position

The snapshot of a company's assets, liabilities, and equity at a specific point in time, providing insight into its economic resources and obligations.

Operating Condition

The current state and functioning status of a company's operational processes and resources.