The relationship between education and economic growth can best be summarized by saying that
A) educated people are less apt to consume goods that deplete economic resources, which encourages economic growth.
B) educational expenditures tend to divert funds from productive investments, which discourages economic growth.
C) educational expenditures tend to be inflationary, which discourages economic growth.
D) education has benefits beyond those who receive the education, which encourages economic growth.
Correct Answer:
Verified
Q265: All of the following would increase the
Q266: Which of the following will NOT work
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Q268: Which theory of economic growth concludes that
Q269: A higher saving rate leads to faster
Q271: Activities that encourage faster growth are
A) investment
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Q273: A country would achieve faster growth by
A)
Q274: According to empirical evidence
A) providing international aid
Q275: Which of the following statements is CORRECT?
I.
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