ECONOMICS LOOSE LEAF WITH MINDTAP >BI<
10th Edition
ISBN: 9781305302181
Author: BOYES
Publisher: CENGAGE L
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Question
Chapter 16, Problem 16E
To determine
Impact on productivity of a country with development of financial market.
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The main factor that separates wealthy from poor countries is
A.) Differences in productivity
B.) location relative to equator
C.) Different quantities of labor
D.) The strength of financial markets
It explains what is the relationship of the financial market with the economic growth of a country.
Explain in detail the role of financial markets in Sultanate of Oman in promoting the economic development.
Chapter 16 Solutions
ECONOMICS LOOSE LEAF WITH MINDTAP >BI<
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- Why multinational companies feel unsafe to invest in those countries that have high inflation rate?arrow_forwardHow financial lending institutions help developing countries improve their healthcare and achieve economic development?arrow_forwardAccording to Adam Smith, where does the wealth of a country come from? What does society need in order to enable the growth of wealth?arrow_forward
- How does the emergence of a sharing economy impact the circular flow of income in a country?arrow_forwardExplain the role of financial sector in promoting economic growth of country.arrow_forwardWhat is an emerging economy? How can countries with emerging economies make use of information technology?arrow_forward
- How can we increase the Savings and Investment of US citizens? Write in four or more paragraphs.arrow_forwardWhat are some potential challenges to improving productivity by getting more output from existing assets?arrow_forwardDiscuss why financial markets are important to a healthy economy and how they contribute to economic growth.arrow_forward
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