A researcher claims that the slow economic growth of countries located in Africa can be attributed to the geography hypothesis. If the researcher is correct, it implies that economic growth of countries in Africa is greatly affected by:
A) institutional factors such as the availability of credit and finance.
B) natural factors such as climate and quality of soil available.
C) cultural factors such as work nature of indigenous residents.
D) religious factors.
B
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An advantage emission taxes and permits have over direct controls is that the former
A. works well even if pollution output cannot be accurately measured. B. can respond quickly to new information about the dangers of particular pollutants. C. makes it in firms’ interests to reduce pollution in the most efficient manner possible. D. reduces pollution to zero.
If U.S. imports increase, the sum of the balance of payments accounts (the sum of the current account plus capital and financial account plus official settlements account)
A) becomes negative. B) becomes positive. C) becomes negative or positive depending on the government budget deficit or surplus. D) does not change.
Which of the following contributed most to the large increases in poverty since 1960?
a. increases in air pollution and other externalities b. federal government budget deficits c. the increase in the number of elderly individuals d. rising poverty rates among households headed by females e. the increase in the number of households headed by females
As all available statistics show us, because the average annual population growth is 1.4 percent higher in developing countries than in industrial nations, economic growth is lower in low-income countries
a. True b. False Indicate whether the statement is true or false