Survey Of Economics
10th Edition
ISBN: 9781337111522
Author: Tucker, Irvin B.
Publisher: Cengage,
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Chapter 23, Problem 20SQ
To determine
The action that helps to increase the
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Students have asked these similar questions
What other factors, aside from labor productivity and capital investment, can impact the economic growth of a country in a positive manner?
a) protection of private property
b) low levels of corruption
c) new technology
d) a fair and just court system
e) All of the choices are correct
Which of the following is most likely to contribute to economic growth as measured by GDP per capita?
Question options:
a) increased capital formation
b) rapid population growth
c) the imposition of tariffs and quotas on imported goods
d) an increase in marginal tax rates
The importance of institutions for economic growth are best explained as
a) a country's ability to take part in international cooperation
b) a proximate cause of growth
c) defining an economy's incentives for accumulating physical and human capital and for innovation
d) a country's gain from participation in international organizations
Chapter 23 Solutions
Survey Of Economics
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