Multiple Choice
Which of the following is true?
A) The United States is rich because it has democratic political institutions.
B) Economic growth is primarily the result of gains from trade, discovery of better ways of doing things, and capital investment.
C) Without foreign aid, poor countries are unable to break the cycle of poverty, low savings and investment, and economic stagnation.
D) Most all countries with an abundance of natural resources have been able to achieve rapid growth and high levels of per capita income.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Which of the following would be most
Q8: Which of the following will tend to
Q10: Which of the following is true of
Q28: Which of the following is true regarding
Q80: Which of the following is most likely
Q86: When the markets of an economy are
Q90: Which of the following is true of
Q99: How does private ownership and a competitive
Q105: Which of the following goods are available
Q121: Economic growth will<br>A) reduce the future real