If a country lacks ________,economic growth ________.
A) a democratic form of government;cannot occur
B) a proper incentive system;cannot occur
C) pure capitalism;will be slower compared to other countries
D) a proper incentive system;will occur at a pace suggested by the new growth theory
E) economic freedom;will increase at a faster pace
Correct Answer:
Verified
Q221: Labor productivity equals _.
A)real GDP × aggregate
Q222: A technological change _ and a change
Q223: A key reason why some nations show
Q224: If real GDP is $1,200 billion,the population
Q225: If capital per hour of labor decreases,real
Q227: Labor productivity equals
A)real GDP divided by the
Q228: If the level of technology rises,GDP per
Q229: Economic freedom
A)is not important for nations to
Q230: Economic freedom requires
A)that there are no regulations
Q231: A basic precondition necessary to achieve economic
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