Which of the following is/are likely to lead to economic growth? i. more immigrant workers are added to a nation. ii. existing workers in a country get trained to operate a widely used accounting software. iii. more stay-at-home moms join the labor force. group of answer choices

Option I is the most likely to lead to economic growth because adding more workers to the labor force can increase economic growth. Immigrant workers tend to push down low-skilled labor costs, thus increasing profits for employers.

Explanation:

Immigrant workers becoming incorporated into the economy will lead to economic growth because they tend to enter at the level of low-skilled jobs, and this pushes down the costs of labor for those low skilled jobs. It is also argued that this helps the skilled native worker to the extent that it pushes more native workers into the realm of higher-paid unskilled or skilled labor and increases wages in that realm by comparison (Eckstein and Peri, 2018). There are however negative consequences for the low-skilled native worker in some instances where they have to compete with the new immigrant labor. Option II concerning the accounting software training is too specific to really have a macroeconomic or national level impact on growth. Option III would perhaps also lead to economic grown although many stay-at-home moms also participate in the labor force doing part-time work or freelancing jobs (Lim, 2019).

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.