The following statement, concerning economic growth, is true: O Rapid and sustained economic growth is a relatively recent experience for the human race. O The rule of law and protection of property rights and contractual rights by a country's government sa that markets can work effectively and efficiendy, in key to ecan Economic growth is closely tied to increases in labor productivity all of the above
The following statement, concerning economic growth, is true: O Rapid and sustained economic growth is a relatively recent experience for the human race. O The rule of law and protection of property rights and contractual rights by a country's government sa that markets can work effectively and efficiendy, in key to ecan Economic growth is closely tied to increases in labor productivity all of the above
Chapter1: Making Economics Decisions
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![Question 3
The following statement, concerning economic growth, is true:
O Rapid and sustained economic growth is a relatively recent experience for the human race.
The rule of law and protection of property rights and contractual rights by a country's government so that markets can work effectively and efficiendy, is key to economic groath.
O Economic growth is closely tied to increases in labor productivity
all of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5ad3c38d-566c-4a99-99d2-64e0e65282ec%2F045da242-9859-4b6d-a1ba-c626c988eb94%2Fqmdhjkr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 3
The following statement, concerning economic growth, is true:
O Rapid and sustained economic growth is a relatively recent experience for the human race.
The rule of law and protection of property rights and contractual rights by a country's government so that markets can work effectively and efficiendy, is key to economic groath.
O Economic growth is closely tied to increases in labor productivity
all of the above
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