Which of the following describes the former Soviet Union's economy through most of the second half of the 20th century?
A) The Soviet economy grew rapidly in the later half of the 20th century.
B) The Soviet economy increased capital per worker very slowly from 1950 through 1980.
C) The Soviet economy grew slowly because of the slow rate of technological change.
D) The Soviet economy grew because it added labour through its immigration policy in the 1950s.
E) The Soviet economy grew because it was able to develop new technology faster than most others.
Correct Answer:
Verified
Q88: The per-worker production function has a _
Q110: If there is a change in the
Q111: Technological change will
A)shift the per-worker production function
Q112: What is human capital?
A)labour productivity
B)buildings, equipment, and
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