When a country utilizes more physical capital per worker over time, there will be:
A) lower and eventually zero growth rate of productivity.
B) higher growth rates of productivity.
C) no change in the growth rate of productivity.
D) lower but always positive growth rates of productivity.
Correct Answer:
Verified
Q306: Factors contributing to differences in countries' growth
Q307: Large technological gains often result:
A)in immediate rapid
Q308: Natural resources:
A)are still the most important factor
Q309: Use the following to answer questions:
Scenario: Capital
An
Q310: Investment spending:
A)must be paid for by consumption
Q311: Many economists agree that environmental damage from
Q313: Total factor productivity:
A)is the amount of output
Q314: Many economists view resource scarcity as a:
A)major
Q315: To hinder growth, a government might:
A)provide basic
Q316: In 2010, China saved:
A)less than the United
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