One possible way of achieving faster economic growth is to
A) protect property rights and free markets.
B) tax savings so that people spend more and firms' profits are higher.
C) assign the government ownership of all capital.
D) regulate the amount of international trade and limit it so that not too much occurs.
E) limit research and development because research and development does not contribute anything to today's production.
Correct Answer:
Verified
Q36: The factors of production that produce real
Q37: The production function displays
A) increasing returns.
B) diminishing
Q38: Q39: As additional units of labour hours are Q40: For a household, the opportunity cost of Q42: According to the new growth theory, which Q43: Human capital is defined as the Q44: The effect of an increase in labour Q45: Property rights Q46: Economic freedom provides the![]()
A) accumulated
A) include physical, financial and intellectual
A) incentive system that
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