Which of the following is false?
A) Accepting a reduction in current income to acquire education and training can increase future earning ability, which can raise the standard of living.
B) Improvements in literacy stimulate economic growth by reducing barriers to the flow of information and raising labor productivity.
C) One problem of providing enough education in poorer countries is that since children in developing countries are an important part of the labor force at a young age, there is a higher opportunity cost of education in terms of foregone contribution to family income.
D) Investment alone does not guarantee economic growth per capita.
E) None of the above are false; all are true.
Correct Answer:
Verified
Q61: Over the last several decades, the amount
Q62: Which of the following is not considered
Q65: Which of the following will not contribute
Q65: When an economy experiences significant economic growth:
A)a
Q67: Sergei has developed a new fat substitute
Q69: When observing economic growth and literacy rates,
Q71: Which of the following is false?
A)Generally speaking,
Q78: Improvements in literacy stimulate economic growth by:
A)reducing
Q91: A nation can achieve higher economic growth
Q111: Enforcement of property rights is likely to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents