Over the period 1960-1991,
A) South Korea had a higher growth rate than the United States because it had a higher ratio of investment to GDP.
B) The United States had a higher growth rate than South Korea because it had a higher ratio of investment to GDP.
C) South Korea had a higher growth rate than the United States even though it had a similar ratio of investment to GDP.
D) The United States had a higher growth rate than South Korea even though it had a similar ratio of investment to real GDP.
Correct Answer:
Verified
Q16: On a production function,as capital per worker
Q35: The slope of the production function with
Q66: Which of the following is consistent with
Q70: Suppose that an American opens and operates
Q82: Educated people may generate ideas that increase
Q83: In the U.S. ,each additional year of
Q84: Investment from abroad
A)is a way for poor
Q147: In the 1800s,Europeans purchased stock in American
Q167: The catch-up effect refers to the idea
Q277: Suppose U.S.-based Intel Corporation builds and operates
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