Multiple Choice
Which of the following statements related to productivity growth in China is true?
A) China has been more successful in developing new technologies than it has in adapting existing technologies developed in other countries.
B) Much of China's growth is likely due to the transition from a centrally-planned economy to a market economy.
C) Because of the high birth rate in China,the Chinese labor force will continue to increase.
D) Manufacturing wages have remained stagnant in China due to the increasingly large supply of low-wage agricultural workers that have yet to move to manufacturing jobs in cities.
Correct Answer:

Verified
Correct Answer:
Verified
Q95: Suppose that an increase in capital per
Q96: Figure 11-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 11-1
Q97: The growth rate of real GDP per
Q98: Growth in real GDP per capita for
Q99: Table 11-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 11-5
Q101: One drawback of the patent system is
Q102: Because knowledge capital is nonexcludable and nonrival,firms
Q103: The United States<br>A)currently is one of the
Q104: Not enforcing property rights in an economy
Q105: How does government support of health and