If GDP per capita is higher in Chile than Bolivia, what might be causing this?
A) low R&D expenditures in Bolivia
B) high human capital in Bolivia
C) a high K/L ratio in Chile
D) low institutional quality in Chile
E) revenues from copper production in Bolivia
Correct Answer:
Verified
Q6: Which of the following would not cause
Q7: A change in _ would cause a
Q8: Which of the following would not cause
Q9: A decrease in the labor force would
Q10: Which of the following would not cause
Q12: One would observe low K/L ratios in:
A)
Q13: The size of the labor force in
Q14: What percentage of the labor force of
Q15: The savings rate in Latin America is
Q16: FDI in Latin America is approximately _
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents