Factors contributing to differences in countries' growth rates include all of the following EXCEPT:
A) adherence to the rule of 70.
B) differences in savings and investment rates.
C) the amount of physical capital available.
D) a lack of spending on infrastructure.
Correct Answer:
Verified
Q301: The convergence hypothesis:
A)apparently applies only to wealthy
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
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
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