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? - SchoolNGR

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If any economy is growing at an annual rate of 7% and 4% of it is known to be due to ...

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?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

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

Correct Answer: Option A

Explanation:

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