chap 8 - 1 StudentResponse A TRUE B FALSE Score 1/1 2 1....

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1.   A competitive market system promotes growth by providing producers with market signals on which to base  investment and production decisions.    Student Response Value Correct Answer Feedback A. TRUE 100%       B. FALSE      Score: 1/1    2.   Use the list below to answer the following questions: 1. Improvements in technology 2. Increases in the supply (stock) of capital goods 3. Purchases of expanding output 4. Obtaining the optimal combination of goods, each at least-cost production 5. Increases in the quantity and quality of natural resources 6. Increases in the quantity and quality of human resources   Refer to the above list. As distinct from the supply factors and demand factor of economic growth, the efficiency  factor of economic growth is:    Score: 1/1    3.  
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Given the annual rate of economic growth, the "rule of 70" allows one to:    Score:
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chap 8 - 1 StudentResponse A TRUE B FALSE Score 1/1 2 1....

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