A country’s level of well-being is determined primarily by its level of
A. population growth.
B. educational attainment.
C. capital stock growth.
D. natural resource growth.
Answer: C
You might also like to view...
To ensure interest rate parity, a decrease in the interest rate on Euroyen relative to Eurodollar deposits will require a greater expected appreciation of the Japanese yen against the U.S. dollar
a. True b. False Indicate whether the statement is true or false
When a production function is graphed with Real GDP on the vertical axis and labor on the horizontal axis, a rise in labor ________________________, and a rise in the technology coefficient __________________
A) shifts the production function upward; also shifts the production function upward B) moves us up along a given production function; shifts the production function upward C) shifts the production function downward; shifts the production function upward D) shifts the production function upward; moves us up along a given production function
The free-rider dilemma is associated with:
A.) Private goods. B.) Public goods. C.) Externalities. D.) Market power.
Aggressive competition in the foreign market through exports by a domestic firm due to a protected home market is known as
A. seasonal dumping. B. strategic dumping. C. cyclical dumping. D. persistent dumping.