If any economy is growing at an annual rate of 7% and 4% ...
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
Correct answer is A
No explanation has been provided for this answer.
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