Solved

Which of the Following Characteristics Is a Precondition for Economic

Question 232

Multiple Choice

Which of the following characteristics is a precondition for economic growth?
I.economic freedom
Ii.free markets
Iii.active government policy to discourage saving


A) i only
B) ii only
C) iii only
D) Both i and ii
E) Both ii and iii

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q227: To maximize profits,firms hire labor as long

Q228: The quantity of labor demanded definitely increases

Q229: The production function shows that potential GDP

Q230: Real GDP per person averaged $150 a

Q231: The _ describes the relationship between the

Q233: Approximately how long will it take Ethiopia

Q234: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -The

Q235: The idea that the production function exhibits

Q236: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -The table above

Q237: Economic growth is a sustained expansion of