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December 19, 2014

Homework Help: Economics

Posted by Tran on Sunday, April 25, 2010 at 3:22am.

Which of the following is least likely to affect an economy's capacity to produce?
A.Technology B. Capital C. Labor D. Education E. Government spending

I know technology and capital both have a significant affect on the economy's economy so I can cross those off. But between the three that are left I believe Gov. spending can be crossed off since the spending can be linked to tax and there for affect both the consumer and supplier therefore production would be affected. I'm left with just labor and education, but im unsure of which one because im not sure of its affect on production fairly well.

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