Exam 11: Long-Run Economic Growth: Sources and Policies

What's the difference between foreign direct investment and foreign portfolio investment?

Georg,a German citizen,just purchased 10 shares of stock in Microsoft,a U.S.company.This purchase is an example of

Which of the following is not an explanation for the revival in the growth of productivity starting in the mid-1990s?

Which of the following describes the Soviet Union's economy through most of the second half of the 20th century?

Figure 11-4 -Refer to Figure 11-4.Using the per-worker production function in the figure above,the largest changes in an economy's standard of living would be achieved by a movement from

Which of the following is not a reason why the Industrial Revolution occurred when and where it did?

All of the following are reasons why China is unlikely to maintain high enough rates of productivity growth to catch-up with the standard of living in the United States except

In 1973,the Club of Rome published a book titled The Limits to Growth,which predicted that economic growth would likely end in high-income countries because of

The purchase or building by a corporation of a facility in a foreign country is called

Figure 11-4 -Refer to Figure 11-4.The movement from E to B to D in the figure above illustrates

The lower-income industrial countries are catching up to the higher-income industrial countries in terms of economic growth.

Relative to productivity growth in the United States,which of the following countries experienced the largest decline in productivity growth from 1990 to 2012?

________ is considered a high income country,________ a developing country,and ________ a newly industrializing country.

Because of diminishing returns,an economy can continue to increase real GDP per hour worked only if

Compared to the previous 20 years,productivity growth in the United States increased between 1996 and 2012.

Does globalization promote economic growth,and how does globalization affect the welfare of a given country's citizens?

Which of the following accurately describes economic growth and standards of living between 1,000,000 B.C.and 1300 A.D.?

The productivity slowdown of the mid-1970s can be explained by which of the following?

Would you expect to see higher or lower growth rates for countries that start out with a relatively low level of real GDP per capita? Explain using the concept of "catch-up" and support your answer with a graph.

Describe the pattern of growth rates in real GDP per hour worked in the United States since the early nineteenth century.Has output per hour worked consistently increased at the same rate? Explain.