Differences amongst countries in their standard of living can be attributed to differences in Select one: O a. skills, physical capital, technology, and institutions. O b. culture, location, education, and work ethic. O c. natural resources, capital, land area, and population size. O d. population size, technology, and productivity. O e. political system, natural resources, and unselfish businesses.
Differences amongst countries in their standard of living can be attributed to differences in Select one: O a. skills, physical capital, technology, and institutions. O b. culture, location, education, and work ethic. O c. natural resources, capital, land area, and population size. O d. population size, technology, and productivity. O e. political system, natural resources, and unselfish businesses.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....
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