The two broad groups in which we classify the factors that generate differences in economies' productive potential are
A) the efficiency of technology and capital intensity.
B) the efficiency of technology and labor intensity.
C) the efficiency of labor and capital intensity.
D) the efficiency of capital and labor intensity.
Correct Answer:
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Q2: The biggest reason that Americans today are
Q3: Advances in technology leads to a higher
Q4: Capital intensity refers to
A) the brightness of
Q5: Improvements in technology and in social and
Q6: Investment in capital increases the economy's
A) capital
Q7: The best estimates by economic historians indicate
Q8: The Solow growth model is
A) a dynamic
Q9: The two driving forces leading to increases
Q10: In economic growth economists look for a
A)
Q11: In a steady-state balanced-growth equilibrium, each of
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