Which of these is likely to have the smallest impact on a country's growth in real GDP per capita?
A) a 10% growth in technology
B) a 10% growth in the population
C) a 10% growth in the labor force
D) Equal rates of growth in technology, the population, and the labor force all will have an equal impact on economic growth.
Correct Answer:
Verified
Q204: The government sector is the single largest
Q205: Human capital includes
A) physical capital.
B) labor.
C) the
Q206: It is preferable to use real GDP
Q207: An increase in physical capital per worker
Q208: An example of intangible infrastructure is
A) patent
Q210: The Rule of 70 states that the
Q211: There is a positive correlation between countries
Q212: Which of these increases productivity?
A) an increase
Q213: The catch-up effect tends to
A) speed up
Q214: If the Bureau of Economic Analysis reports
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