This topic contains a solution. Click here to go to the answer

Author Question: What are the three major components of economic growth? What will be an ideal ... (Read 120 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
What are the three major components of economic growth?
 
  What will be an ideal response?

Question 2

The informal sector differs from the formal sector in that informal firms tend to
 
  a. be larger
  b. be more capital intensive
  c. operate more apart from the usual laws and regulations
  d. produce goods and services not found elsewhere
  e. none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaygar71

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

Capital accumulation, labor force growth, and technological progress.

Answer to Question 2

C




karlynnae

  • Member
  • Posts: 599
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library