The long-run growth of an economy depends on productive resources (land, labor, and capital) and on technological advances

a. True
b. False
Indicate whether the statement is true or false

True

Economics

You might also like to view...

A presidential candidate once famously said about a particular policy: "I voted for it before I voted against it." How might such a statement make sense in the context of sophisticated voting along agendas.

What will be an ideal response?

Economics

The increased level of excess reserves that many banks held in 2008 made traditional monetary policy less effective.

Answer the following statement true (T) or false (F)

Economics