A basic precondition necessary to achieve economic growth is
A) a well-organised work force.
B) well-functioning factories.
C) a well-functioning legal system.
D) the well-being of society.
E) a strong central government that directs the nation's research and development activities.
Correct Answer:
Verified
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
Q56: Real GDP is $700 billion, average hours
Q57: Labour productivity equals
A) the total production of
Q58: The new growth theory asserts that profits
Q59: If a country lacks _, economic growth
Q60: Which of the following lists gives factors
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