For a given level of technology, a more rapid rate of economic growth can probably be achieved only if a country's citizens are prepared to increase exports. decrease interest rates. increase their demand for goods and services. sacrifice some present consumption. redistribute income.
For a given level of technology, a more rapid rate of economic growth can probably be achieved only if a country's citizens are prepared to increase exports. decrease interest rates. increase their demand for goods and services. sacrifice some present consumption. redistribute income.
Chapter7: Economic Growth: Theory And Policy
Section: Chapter Questions
Problem 2DQ
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Question
49. For a given level of technology, a more rapid rate of economic growth can probably be achieved only if a country's citizens are prepared to
increase exports.
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decrease interest rates.
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increase their demand for goods and services.
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sacrifice some present consumption.
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redistribute income.
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