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Question
multiple choice question which of the following allow the economy to achieve a higher rate of economic growth? higher population growth and heightened global competition stronger demand growth and heightened global competition higher capital growth and heightened domestic competition stronger productivity growth and heightened global competition
Higher productivity growth directly increases output per worker, and heightened global competition drives efficiency, innovation, and resource allocation, both of which are key drivers of sustained higher economic growth. Higher population growth alone can strain resources without productivity gains; stronger demand growth without productivity can lead to inflation; higher capital growth without productivity improvements faces diminishing returns.
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D. Stronger productivity growth and heightened global competition