Multiple Choice
Ownership of natural resources is not necessary for an economy to be highly productive because
A) productivity depends only on human capital.
B) productivity depends only on the quantity of labour a country has.
C) natural resources can be acquired through international trade.
D) natural resources are less important than a country's stock of capital goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Per capita real GDP differs from per
Q22: The rate of economic growth is probably
Q23: The opportunity cost of additional growth is
Q24: Education might lead to someone coming up
Q25: Many East Asian countries are growing very
Q27: Which of the following statements is true?<br>A)
Q28: In poorer countries, some investments in human
Q30: Thomas Malthus argued that<br>A) population growth in
Q31: A key benefit of foreign direct investment
Q155: Some economists argue that it is possible