Economic growth in country X will necessarily have to occur if:

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CollectorBabu · Accepted Answer

Correct Answer: there is capital formation in X. Capital formation involves making more capital goods such as machines, tools, factories, transport equipment, materials, electricity, etc., which are all used for the future production of goods. Its formation goes hand in hand with savings and investments. The economic growth of a country concerns with the increase in incomes along with an increase in consumption, savings and investment which further pushes up the capital formation, so this clearly satisfies option C.

Economic growth in country X will necessarily have to occur if:

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