Multiple Choice
Which of the following was NOT a common element contributing to the growth of the four "Asian Tigers" between 1966 and 1990?
A) an increase in the labor force participation rate
B) high educational achievement
C) a high savings rate
D) emphasis on laissez-faire economics
E) an increase in total factor productivity achieved by higher levels of inputs
Correct Answer:
Verified
Correct Answer:
Verified
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Q4: The neoclassical growth model predicts conditional convergence
Q5: A production function that assumes a diminishing
Q6: If we have an aggregate production function
Q7: Which of the following countries annual growth
Q9: Between 1966 and 1990, all four "Asian
Q10: Between 1966 and 1990 Singapore's GDP per
Q11: The four "Asian Tigers" achieved high economic
Q12: Which of the following is NOT an
Q13: Assume India's income level is now roughly