Select Any One Of the Following Options: Which of the following is not a supply factor in economic growth?the size and quality of the labor forcethe stock of capitalaggregate expenditures of households, businesses, and governmenttechnological advance
Question
Select Any One Of the Following Options: Which of the following is not a supply factor in economic growth?the size and quality of the labor forcethe stock of capitalaggregate expenditures of households, businesses, and governmenttechnological advance
Solution
The option that is not a supply factor in economic growth is "aggregate expenditures of households, businesses, and government". This is actually a demand factor in economics. The supply factors in economic growth are the size and quality of the labor force, the stock of capital, and technological advance. These factors influence the productive capacity of the economy.
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