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- Long Term Economic Growtheconomics-mcqs › long-term-economic-growth
- Published
- 1 Jun 2019
- Last updated
- 28 May 2026
Which of the following is NOT typically regarded as a factor that drives economic growth?
Multiple choice question for Long Term Economic Growth. Select an option, then review the explanation below.
Explanation
Economic growth is generally fueled by increases in labor and capital, improvements in labor productivity, and technological progress. However, simply increasing the money supply does not directly cause economic growth and can sometimes lead to inflation instead.
More Long Term Economic Growth MCQs
Practice related questions from the same subject.
- 1.According to real business cycle theory, what is the suggested approach to address deviations from the optimal growth trajectory?
- 2.What constraint does the fact that gross investment cannot be negative place on variations in which economic measure?
- 3.According to the multiplier-accelerator model, what is investment dependent on?
- 4.Which of the following is NOT considered a phase of the business cycle?
- 5.What does the business cycle represent in terms of output variation?