Question

Which change would contribute to a nation's rapid long-run economic growth? A. less physical capital per...

Which change would contribute to a nation's rapid long-run economic growth?

A.

less physical capital per worker
B.

faster technological progress
C.

faster population growth
D.

lower levels of average human capital
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Answer #1

If any Nation wants to develop very faster race in the shorter period of time that requires research and development as well as technological advancement

by having less physical capital per worker will decrease the output in the long run .

for faster growth same goes with the controllable population.

If the population growth rate will increase a faster rate then it will decrease per capita income which will hamper the economy in the long run as well .

outcome by the human capital loss will not contribute for fast Rapid growth because they are the only active resources which control the other resources so by having lower level of average human capital is not good for economy .

So the only option true is option C

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