--%>

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.

   Related Questions in Public Economics

  • Q : Law of diminishing returns The idea

    The idea that costs ultimately grow faster than output if output is expanded obeys logically from the law of: (i) Increasing expectations. (ii) Raising returns to scale. (iii) Diminishing returns. (iv) Demand and supply. (v) Rational effects.

    Q : Economic welfare-Production possibility

    Maximizing the community's economic welfare needs production: (i) On production-possibility curve. (ii) Of minimum exports and maximum imports. (iii) Of more consumer durables and fewer services. (iv) Exterior to the production-possibility curve.

  • Q : Standard step to make a new economic

    A standard step while making a new economic theory is to: (w) properly blend normative and positive perspectives. (x) physically test this in an economics laboratory. (y) see when this predicts behavior in a consistent way. (z) make sure that this con

  • Q : Define the normative economic statement

    Which of the given is a normative economic statement? (1) Most Republicans favor the death penalty for murderers. (2) Punishment which is surer, swifter, and harsher decreases the rates of violent crime. (3) Most Democrats oppose the death penalty for

  • Q : Determine the supply of clothing when

    A pair of possible descriptions for simultaneous transfers of the demand for clothing from D0 to D1 while the supply of clothing transferred from S0 to S1 could be which: (1) unexpectedly cold and frequent blizzards caused M

  • Q : Limits of Technological Advances

    Technological advances would not comprise: (i) Native Americans demonstrating Pilgrims how crops grow faster when rotten fish are dropped within with seeds they plant. (ii) pouring coffee through a coffee pot you obtained as a birthday gift. (iii) new

  • Q : Illustrate the free goods in economic

    Hey friends please give your opinion for the problem of free goods in Economic that is given below: The entire given are free goods EXCEPT the enjoyment people derive from as in below: (w) rain which waters our law

  • Q : Illustration of Economic Reasoning by

    Occam’s razor refers to the idea which while evaluating a theory: (1) good theory describes the phenomenon as simply as possible, but not moreso. (2) complexity is obvious to make sure that correct answers are reached. (3) conformity along with

  • Q : Payments to entrepreneurs in

    The payments to entrepreneurs are called as: (i) Profits increasing from bearing risk and uncertainty, innovating new products and organizing production as well as processes. (ii) Rental payments by extensive land holdings. (iii) Interest through loaning money. (iv) I

  • Q : Circular flow models of markets I have

    I have a problem in economics on Circular flow models of markets. Please help me in the following question. In a simple circular flow model of markets, the eventual ‘owners’ of all labor and non-labor resources are classified as: (i) Emplo