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Which factor has contributed to the lack of economic growth in Latin America? I. a lack of natural resources II. high savings rates that led to insufficient consumption of goods and services III. political instability

Which factor has contributed to the lack of economic growth in Latin America? I. a lack of natural resources II. high savings rates that led to insufficient consumption of goods and services III. political instability

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which factor has contributed to the lack of economic growth in Latin America? I. a lack of natural resources II. high savings rates that led to insufficient consumption of goods and services III. political instability O I only O I, II, and III O III only O II only
Transcribed Image Text:Which factor has contributed to the lack of economic growth in Latin America? I. a lack of natural resources II. high savings rates that led to insufficient consumption of goods and services III. political instability O I only O I, II, and III O III only O II only
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