During the recent past,production and income have grown faster than population in highly developed economies because

A) of the availability of expensive and ineffective birth control devices.
B) of rapid technological advancements.
C) accumulation of both physical and human capital has slowed down.
D) famine,war,and pestilence have greatly reduced the population.

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Pahul Sandhu · Accepted Answer

Final Answer : B, Explanation :  Rapid technological advancements in highly developed economies have led to increased efficiency and productivity, allowing for higher levels of production and income growth even as population growth has slowed down. The availability of effective birth control methods may have played a role in some cases, but it is not the primary reason for this trend. The other options are not accurate as famine, war, and pestilence have not greatly reduced population in highly developed economies, and physical and human capital accumulation has not slowed down overall.

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