*Increased investment alone will guarantee economic growth.
A. This is a true statement, because growth occurs only with savings.
B. This is a true statement, because money is the only resource needed for growth.
C. This is a false statement, because an economy must rely on capital injections from abroad.
D. This is a false statement, because economic growth hinges on the quality and type of investment as well as the human capital and improvements in technology.
Answer:D
*Increased investment alone will guarantee economic growth.
A. This is a true statement, because growth occurs only with savings. B. This is a true statement, because money is the only resource needed for growth. C. This is a false statement, because an economy must rely on capital injections from abroad. D. This is a false statement, because economic growth hinges on the quality and type of investment as well as the human capital and improvements in technology.
Explanation: Type: Multiple Choice