In the early 2000s, analysts feared that low academic achievement in math in the United States may reduce U.S. economic growth by as much as half a percentage point per year. This "drag will become increasingly apparent…as other countries dismantle regulatory obstacles and alter tax laws that put them at a disadvantage." In terms of sources of growth, the quotation suggests that some other countries are currently at a disadvantage because of:
A)social capital.
B)human capital.
C)growth-compatible institutions.
D)technology.

Question

Quizplus · Accepted Answer

The quotation suggests that other countries are at a disadvantage due to "regulatory obstacles and alter tax laws," which are related to the institutions that support economic growth, indicating growth-compatible institutions as the source of disadvantage.

In the Early 2000s, Analysts Feared That Low Academic Achievement