Multiple Choice
Which of the following statements is CORRECT?
I. Higher savings rates can stimulate economic growth.
II. Limiting international trade can stimulate economic growth.
A) neither I nor II
B) II only
C) I only
D) both I and II
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q18: Over the last 100 years, real GDP
Q75: The classical growth theory's view of the
Q168: The higher the real wage rate, the
Q214: What is the main difference between classical
Q325: What is the main shortcoming of the
Q333: New growth theory economists believe that:<br>I. Economic
Q335: If new capital increases labor productivity, the
Q337: Which one of the following statements about
Q341: A country would achieve faster growth by
Q343: Equilibrium in the labor market<br>A) cannot occur