A sector of the economy that is growing at 10% will always contribute more to overall economic growth than a sector growing at 3%.
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An economic analyst observes two sectors in a country's economy. The technology sector, which constitutes 5% of the total economy, is growing at 10% per year. The manufacturing sector, which constitutes 40% of the total economy, is growing at 2% per year. Based on this information, which statement provides the most accurate analysis of each sector's contribution to the country's overall economic growth?
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A sector of the economy that is growing at 10% will always contribute more to overall economic growth than a sector growing at 3%.
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