Many less developed countries have low rates of economic growth because
A) high population growth rates reduce living standards
B) low population growth rates result in an inadequate labor supply
C) high current output per capita reduces incentives for growth
D) interest rates are too high
E) they invest too much in infrastructure leaving little for private capital investment
Correct Answer:
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Q108: By pursuing growth,some less developed countries have
Q109: Increases in investment spending cause interest rates
Q110: Q111: Economic growth caused by increased employment creates Q112: What would happen to a production possibilities Q114: Higher productivity is the most direct route Q115: By driving up interest rates,an increase in Q116: Any pro-growth policy that increases investment requires![]()
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