Multiple Choice
Between 1966 and 1990 Hong Kong experienced a much higher growth rate of output than Singapore.This was at least partially due to the fact that Singapore had a government that
A) emphasized a laissez-faire attitude towards market activities
B) maintained much tighter control over market activities
C) discouraged a rapid pace of foreign investment in new technology
D) imposed strict population control programs
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q19: If we consider the per-capita GDP of
Q20: An endogenous growth model predicts that if
Q21: According to the endogenous growth theory<br>A)countries with
Q22: Hong Kong and Singapore achieved high economic
Q23: Robert Barro's empirical findings that countries with
Q25: Which of the following economists did NOT
Q26: A production function with constant returns to
Q27: Assume an endogenous growth model with labor
Q28: Which of the following statements is FALSE?<br>A)endogenous
Q29: Which of the following policies does NOT