Large technological gains often result:
A) in immediate rapid growth of an economy.
B) only if the innovation is broad and monumental.
C) from modest as well as large innovations.
D) from deliberate attempts at specific types of innovation.
Correct Answer:
Verified
Q302: Use the following to answer questions:
Scenario: Capital
An
Q303: Based on historical economic growth, economists have
Q304: One of the most important types of
Q305: Japan's economy:
A)had higher real GDP per capita
Q306: Factors contributing to differences in countries' growth
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
Q312: When a country utilizes more physical capital
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