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In addition to (1) technological improvement and (2) capital stock growth, an important contributor to long-term...

In addition to (1) technological improvement and (2) capital stock growth, an important contributor to long-term economic growth in the United States during the past century and a half has been

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the relatively high levels of education, health, skills and experience of its workers

the relative freedom with which we allow firms competing in the same industry to cooperate with each other in pricing decisions

the stimulus to trade provided by the country's relative lack of abundant natural resources

the great stimulus to international trade provided by the small size of our domestic market

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Answer #1

"A"

The relative high level of education, health, skills and experience of its workers. the answer is "A", US has witnessed inflow of high skill workers in the market from all around the world.

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