In the Canadian economy, there are a number of homemakers a parent caring for a child, or

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Question:

In the Canadian economy, there are a number of homemakers a parent caring for a child, or looking after an elderly parent in the household). The homemaker provides valuable support and services but they are not officially compensated for this because there is no official labour market transaction.

part 2)

Capital accumulation and technological change bring economic grout. Production talwas unattainable yesterday becomes attainable today; production that is unatairable today veil :

attainable tomorrow.

You are an economic analyst with the KAB Consulting Team and are asked to explant

economic growth eliminates the problem of scarcity.