- Economic Development
- Economic Growth
Supply factors for Economic Growth, Demand & Efficiency
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What are the four supply factors of economic growth? What is the demand factor? What is the efficiency factor? Illustrate these factors in terms of the production possibilities curve.
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Four supply factors:
The four supply factors of economic growth are
1) the quantity and quality of natural resources;
2) the ...
Solution clear explains the supply factors for economic growth, demand factor, efficiency factor.