If any economy is growing at an annual rate of 7% and 4% of it is known to be due to the improvements in labour and capital combined, the balance of 3% is usually due to?

  • A land and related factors
  • B abundance of natural resources
  • C level of human capital
  • D technical progress or other factors
  • E the discipline of political leadership

The correct answer is A. land and related factors

No explanation given
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