If any economy is growing at an annual rate..

Question 1 Report

If any economy is growing at an annual rate of 7% and 4% of it is known to be due to the improvements in labour and capital combined, the balance of 3% is usually due to?

land and related factors

abundance of natural resources

level of human capital

technical progress or other factors

the discipline of political leadership

Factors Of Production And Their Theories

The Theory Of Price Determination

Market Structure

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If any economy is growing at an annual rate of 7% and 4% of it is known to be due to the improvements in labour and capital combined, the balance of 3% is u...