In some East Asian countries, such as Hong Kong, Singapore and Taiwan, average income has risen about ____ per cent per year in recent decades.
A) minus four per cent
B) seven per cent
C) minus seven per cent
D) 18 per cent
Correct Answer:
Verified
Q11: Consumer spending encourages firms to produce more,
Q12: Technological knowledge enables improved productivity.
Q13: An improvement in technology between two dates
Q14: The production function curve can be used
Q15: Productivity is a measure of:
A)the amount of
Q17: In an economy with fixed capital and
Q18: Investment in equipment that manufactures goods more
Q19: A production function describes the relationship between
Q20: The amount of goods and services produced
Q21: Natural resources:
A)are inputs provided by nature
B)are inputs
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