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Most Modern Economists Agree That There Is a Single Factor

Question 36

Multiple Choice

Most modern economists agree that there is a single factor that can be used to explain economic growth.


A) ​This is a true statement because what are needed are abundant resources.
B) ​This is a true statement because at the foundation of economic growth, it is essential that there exist extensive private property rights.
C) ​This is a false statement because nearly all economists believe that economic growth is a complex process without a single dominant factor.
D) ​This is a false statement because economists typically do not agree on policy issues.

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