Factors Affecting Growth And Development Jamb Economics Past Questions
Question 1
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
