Economic factors are connected with goods, services, and money. The economic environment consists of all the external factors in the immediate marketplace and the broader economy. Macroeconomic Factor Example. a. natural resources b. workers c. machinery d. money 10. Which of the following is not a supply factor in economic growth? The economic environment refers to all the economic factors that affect commercial and consumer behavior. 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. Technological advances increased the scope and wealth of the economy. National Welfare Fund (Russia): One of two parts of the Russian sovereign wealth fund, the other being the Reserve Fund. 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.) A. not investing in productive capital … 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. Question 55 1 pts Which of the following is not a measure of international economic integration? A. the stock of capital B. technological advance C. the size and quality of the labor force The categories, however, are in no way like water-tight compartment. These factors can influence a business, i.e., how it operates and how successful it might become. The only factor that does not apply to the economic activity is the language of the country. Which of the following is not a factor that could lead to economic growth? 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, … Despite directly affecting businesses, these variables refer to financial state of the economy on a greater level — whether that be local or global. Her current job as a server at Villa Pizza pays $45,000 a year. Which of the following was not an economic factor in medieval China? All the other reasons have some serious effects on the whole of the economy on a multilevel scale. Which of the following is NOT an economic factor of production? 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. The National Welfare … 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 She expects to earn $80,000 a year from owning a coffee shop or $60,000 a year owning a bookstore. 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. Maggi is thinking of opening up a coffee shop or a bookstore. The central government monopolized certain commodity manufacturing. The Earth has far more than 6.5 billion people, so the only false statement is 6.5 million. asked Apr 19, 2017 in History by Kindred. Which of the following is not a supply factor in economic growth? b. Factor movements Trade flows Unemployment rate Price convergence Which factor has contributed to India's economic struggles? a. a. labor c. land b. capital d. opportunity cost