Question

4.18  Which of the following is true regarding sources of economic growth?

 

 

[1]     Land allocated to firms for production purposes represents the supply factors. [2]     Workers employed by firms represent the demand factors.

[3]     Goods and services that are consumed domestically represent the supply factors. [4]  Goods that are exported to foreign countries represent the supply factors

Answer 1

 [4] Goods that are exported to foreign countries represent the supply factors