Which of the following characterizes the IACs?
A. high per capita GDP growth and high population growth
B. low per capita GDP growth and low population growth
C. low per capital GDP growth and high savings rate
D. low human capital investment
Answer: B
You might also like to view...
Differences in human capital and discrimination can help explain economic inequality
Indicate whether the statement is true or false
Two of the main focuses on development economics focuses on how countries can promote:
A. health and education. B. sound monetary policy and education. C. health and fiscal policy. D. sound monetary and fiscal policy.
Property rights are well established for
a. private goods. b. public goods. c. common resources. d. both (b) and (c).
For economists, ____________ goods include all manufactured aids used in producing consumer goods and services.
Fill in the blank(s) with the appropriate word(s).