A. the stock of capital B. technological advance C. the size and quality of the labour force D. full employment Accessibility: Keyboard Navigation Difficulty: Easy Learning Objective: 08-03 Identify the general supply; demand; and efficiency forces that give rise to economic growth. Macroeconomic Factor Example. Economic factors are connected with goods, services, and money. Which of the following is NOT an economic factor of production? A. high populations and low economic development*** B. lack of natural and human resources C. ethnic tensions and civil war D. outsourcing to other countries 4.) asked Apr 19, 2017 in History by Kindred. The Earth has far more than 6.5 billion people, so the only false statement is 6.5 million. These factors can influence a business, i.e., how it operates and how successful it might become. Technological advances increased the scope and wealth of the economy. Her current job as a server at Villa Pizza pays $45,000 a year. These factors provide the necessary explanation for particular patterns of population distribution are generally grouped into three categories: (1) Geographical factor (2) Economic and social factors; and (3) Demographic factors. A. the stock of capital B. technological advance C. the size and quality of the labor force Which of the following is not a factor that could lead to economic growth? The economic environment consists of all the external factors in the immediate marketplace and the broader economy. The reason for this is that the state of the economy can decide many of the important details that come up in an operating company, including topics such as consumer demand, … The National Welfare … Which of the following was not an economic factor in medieval China? a. natural resources b. workers c. machinery d. money 10. Which of the following is not a supply factor in economic growth? Common macroeconomic factors include gross domestic product, the rate of employment, the phases of the business cycle, the rate of inflation, the money supply, the level of government debt, and the short-term and long-term effects of trends and changes in these measures.. Why a Macroeconomic Factor Matters Maggi is thinking of opening up a coffee shop or a bookstore. The only factor that does not apply to the economic activity is the language of the country. Factor movements Trade flows Unemployment rate Price convergence b. The economic environment refers to all the economic factors that affect commercial and consumer behavior. She expects to earn $80,000 a year from owning a coffee shop or $60,000 a year owning a bookstore. a. labor c. land b. capital d. opportunity cost Despite directly affecting businesses, these variables refer to financial state of the economy on a greater level — whether that be local or global. The central government monopolized certain commodity manufacturing. Which of the following is not a supply factor in economic growth? National Welfare Fund (Russia): One of two parts of the Russian sovereign wealth fund, the other being the Reserve Fund. All the other reasons have some serious effects on the whole of the economy on a multilevel scale. Which factor has contributed to India's economic struggles? Question 55 1 pts Which of the following is not a measure of international economic integration? In most countries it is the infighting between the haves and the have nots that prevents a synergistic solution that would make life better for everybody involved. A. not investing in productive capital … a. The categories, however, are in no way like water-tight compartment. Therefore, economic policies are not based on what’s good for the economy but rather on what is good for a certain group of people that have the capability to influence this policy. 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