Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign investment in Argentina.

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter17: Production And Growth
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5. Economic growth and public policy
Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office
complex.
This is an example of foreign
investment in Argentina.
Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply.
Pursuing inward-oriented policies
Protecting property rights and enforcing contracts
Providing tax breaks and patents for firms that pursue research and development in health and sciences
Increasing taxes on income from savings
Which of the following are possible outcomes of rapid population growth?
A reduction in human capital per worker
A reduction in capital per worker
An increase in technological knowledge
All of the above
Transcribed Image Text:5. Economic growth and public policy Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign investment in Argentina. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Pursuing inward-oriented policies Protecting property rights and enforcing contracts Providing tax breaks and patents for firms that pursue research and development in health and sciences Increasing taxes on income from savings Which of the following are possible outcomes of rapid population growth? A reduction in human capital per worker A reduction in capital per worker An increase in technological knowledge All of the above
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