Which of the following is false?
A) Generally speaking, higher levels of saving will lead to higher levels of investment and capital formation and, therefore, to greater economic growth.
B) If there was an increase in the quantity of physical capital in a country at the same time that the quantity or quality of labor resources used rose, that country would experience economic growth as a result.
C) Investment alone does not guarantee economic growth, which hinges importantly on the quality and the type of investment as well.
D) Economic growth rates tend to be higher in countries where the government enforces property rights.
E) None of the above are false; all are true.
Correct Answer:
Verified
Q18: GDP is:
A)the value of all final goods
Q66: Which of the following is false?
A)Accepting a
Q67: Sergei has developed a new fat substitute
Q68: Would companies and individuals invest as much
Q69: When observing economic growth and literacy rates,
Q72: Education would be considered investments in:
A)physical capital
B)financial
Q75: Many scholars believe that the importance of
Q86: Allowing free trade can lead to greater
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