If an economy grows at an annual rate of 6% of which 4% is deemed
ECONOMICS
WAEC 1997
If an economy grows at an annual rate of 6% of which 4% is deemed to be due to improvement in the productivity of labour and capital combined ,the remaining 2% is generally attributed to the
- A. amount of natural resources
- B. improvement in banking services
- C. size of the population
- D. quality of human resources
Correct Answer: A. amount of natural resources
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