Which of the following would you expect to result in faster economic growth?
A) the invention of new computers that increase labour productivity
B) a decrease in the average level of education in the economy
C) a decrease in the stock of capital per worker
D) a decrease in research and development spending
E) an increase in the rate of population growth
Correct Answer:
Verified
Q40: In 2014,South America had a lower average
Q45: Figure 7.1 Q47: An economic growth model explains Q49: Figure 7.1 Q51: Table 7.2 Q52: Only income can produce increases in standard Q53: According to Nobel Laureate Douglass North, one Q54: When an economy faces diminishing returns, Q55: Figure 7.1 Q57: Which of the following is not one 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
A)changes in real
A)the slope