Multiple Choice
Why was there essentially no sustained growth before modern times?
A) Because frequent world wars made it impossible for growth to take hold
B) Because government policies prevented growth from taking place
C) Because there was no widespread public education
D) Because the pace of technological change was very slow
Correct Answer:
Verified
Correct Answer:
Verified
Q41: Which of the following statements is true
Q42: The following table shows levels of consumption
Q43: The saving rate indicates _.<br>A) the fraction
Q44: Approximately how long ago did the Industrial
Q45: If d is the depreciation rate and
Q47: What are the factors that affect GDP
Q48: Consider two economies with the same GDP
Q49: Which of the following statements is true?<br>A)
Q50: Around the end of the eighteenth century
Q51: Consider a closed economy without the government.If