Multiple Choice
Which of the following is consistent with a political and legal framework that discourages economic growth?
A) The allocation of bank credit by the government rather than by markets
B) A speedy approval process for new businesses
C) Agricultural prices that are allowed to vary according to market conditions
D) Taxation and regulation that are not very burdensome
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Arguments that economic growth must be constrained
Q6: Growth of real GDP per person is
Q7: Growth in real GDP per capita has:<br>A)been
Q8: In the long run, increases in output
Q9: More economic growth is not necessarily better
Q11: Gamma has $30,000 of capital per worker,
Q12: If 50 percent of the population in
Q13: Suppose when you are 21 years old,
Q14: Developing new products and services as well
Q15: The principle of diminishing returns to capital