1) The three proximate determinants of income or GDP are- a) Technolog.docx

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1) The three proximate determinants of income or GDP are: a) Technology, human capital, and physical capital. b) Technology, human capital, and investment. c) Technology, savings, and investment. d) Savings, investment, and consumption. 2) Which is the factor of production that contributes most to GDP growth? a) Technology b) Human capital c) Physical capital d) Education .

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