Key Concept: Economic growth and development To grow and prosper, less-developed countries must not a. invest in human capital. b. build a strong infrastructure. c. shift resources out of the production of consumer goods and into the production of capital goods. d. shift resources out of the production of capital goods and into the production of consumer goods. e. improve the quality of the water supply.

BuyFind

MACROECONOMICS FOR TODAY

10th Edition
Tucker
Publisher: CENGAGE L
ISBN: 9781337613057
BuyFind

MACROECONOMICS FOR TODAY

10th Edition
Tucker
Publisher: CENGAGE L
ISBN: 9781337613057

Solutions

Chapter
Section
Chapter P6, Problem 10KC
Textbook Problem

Key Concept: Economic growth and development

To grow and prosper, less-developed countries must not

  1. a. invest in human capital.
  2. b. build a strong infrastructure.
  3. c. shift resources out of the production of consumer goods and into the production of capital goods.
  4. d. shift resources out of the production of capital goods and into the production of consumer goods.
  5. e. improve the quality of the water supply.

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