Which of the following does not hinder economic development?
a. Lack of education
b. Poor agricultural productivity
c. Low investment in human capital
d. Lack of technology
e. Good nutrition
e
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One of the problems in conducting a duration gap analysis is that the duration gap is calculated assuming that interest rates for all maturities are the same. That means that the yield curve is
A) flat. B) slightly upward sloping. C) steeply upward sloping. D) downward sloping.
Suppose the economy is producing at the natural rate of output. A decrease in consumer and business confidence will cause ________ in real GDP in the long run and ________ in inflation in the long run, everything else held constant
A) an increase; an increase B) a decrease; a decrease C) no change; an increase D) no change; a decrease
During economic expansions, banks tend to lend less money because of higher interest rates
Indicate whether the statement is true or false
The potential positive feedback that government spending may have on investment is known as the _____. The potential negative effect that government spending may have on investment is known as the _____ effect
Fill in the blank(s) with correct word