Economic growth and development

I have a problem in economics on Economic growth and progress. Please help me in the following question. The Economic growth in a proficient economy will be decreased by: (i) Investment in new capital. (ii) Technological advances. (iii) Expanding the labor force. (iv) More fast capital depreciation.

Choose the right answer from the above options.

View Complete Question

Related Questions in Public Economics

Q : Does the entire thing have a price in

Does the entire thing have a price? Are there several things you would not perform regardless of price? (Keep in mind that prices and money is not synonyms; here prices may be nonmonetary.)

Q : Issues of normative economic policy

Economic policy matters are usually: (w) simply resolved by positive analysis alone. (x) normative, but workable solutions based on positive analysis. (y) either strictly macroeconomic, or strictly microeconomic. (z) better resolved using common sense

Q : Explain the positive economic statement

A positive economic statement is one which: (w) involves scientifically testable predictions. (x) is based upon value judgments. (y) explains the world idealistically. (z) applies primarily to microeconomic data. H

Q : Explain about the Opportunity Cost in

Opportunity cost is explained as the value of the: (w) best alternative specified for the decision made. (x) sum of all alternative choices while a decision is made. (y) monetary cost of making a decision. (z) cost incurred while one ignores alternati

Q : Economic goals of all economic activity

Adam Smith believed about the ultimate suitable objective of all economic activity is to maximizing: (w) wealth and power of the national government. (x) satisfaction of individuals by giving people along with the goods they want. (y) employment oppor

Q : Classified resources within the broad

Can anybody recommend me the proper explanation for specified problem regarding how classified resources within the broad categories: (i) Economic goods, free goods, and bads. (ii) Productive and nonproductive goods. (iii) Land, labor, capital, and en

Q : Influencing goods in Economic Growth I

I have a problem in economics on Economic Growth. Please help me in the following question. Across time, raising the output of military goods devoid of decreasing the output of civilian goods is: (1) Always unfeasible. (2) Impossible in an economy with very high unemp

Q : Explain the problem of Self Interest in

As per the view of humans as Homo economics, individuals: (w) can simply achieve states of whole satisfaction. (x) must learn to get by along with what they have. (y) want to maximize personal satisfaction by self-interested behavior. (z) have fewer requirements as th

Q : Democratic governments exercise partial

The democratic governments exercise partial control on markets primarily through: (1) Marketing resources it owns. (2) Intimidation. (3) Negotiation. (4) Taxes and regulations. Can someone please help me in finding

Q : Define smog as in Bads economics problem

Smog is: (w) a good since this gives the air texture. (x) a bad because most people would pay to find rid of this. (y) a free good since you could consume all you desire without having to pay for this. (z) an inefficient utilization of resources.

Discover Q & A

Leading Solution Library

Avail More Than 1436797 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1922291
Asked

3,689

Active Tutors

1436797

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment