The best long run growth strategy for developing economies is probably
A) the same as for mature industrial economies
B) to increase the rate of population growth
C) to export raw materials and import finished goods
D) to shift resources into research and development of new technologies
E) to increase the capital stock
Correct Answer:
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Q9: With few exceptions,the most important element of
Q10: For the economy as a whole,the relationship
Q11: The difference between "gross" and "net" in
Q12: Long run increases in an economy's output,achieved
Q13: Depreciation in the national income accounts
A) allows
Q15: Technological improvements have larger effects on output
A)
Q16: Which of the following gained the most
Q17: Which of the following does not directly
Q18: Convergence refers to
A) the reunification of formerly
Q19: Investing in capital is profitable as long
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