A key reason why some nations show little or no growth is
A) lack of incentives to undertake actions toward growth.
B) overpopulation that overuses limited resources.
C) too much international trade so that all economic growth spills over to foreigners.
D) patents in rich nations that keep technology only for the rich.
E) too much private property not directed by the government.
Correct Answer:
Verified
Q44: The effect of an increase in labour
Q45: Property rights
A) include physical, financial and intellectual
Q46: Economic freedom provides the
A) incentive system that
Q47: If real GDP is $1,200 billion, the
Q48: As labour productivity is higher in the
Q50: New growth theory asserts that
i. human capital
Q51: One way to achieve faster growth in
Q52: A reason for an increase in labour
Q53: Labour productivity increases if
i. human capital decreases.
ii.
Q54: Sustained increases in the standard of living
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