
Because the average annual population growth is higher in developing countries than in industrial nations,
A) economic growth is higher in developing countries.
B) the investment in education is higher in developing countries.
C) the total size of the labor force is higher in industrial countries.
D) productivity is higher in developing countries.
E) the growth in the labor supply is lower in industrial countries.
Correct Answer:
Verified
Q62: Long-term economic growth requires a permanent
A) decline
Q63: An increase in the long-run aggregate supply
Q64: Which of the following is a barrier
Q65: Which of the following results in a
Q66: Productivity is the
A) value of the goods
Q68: The lack of capital formation in developing
Q69: In economics, technology refers to the
A) exploitation
Q70: Forgoing consumption today for consumption in the
Q71: Other things being equal, which of the
Q72: Total factor productivity is the ratio of
A)
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