Which of the following is NOTconsidered a factor contributingto economic growth? a)Investment in human capital b)Technological progress c)Increase in governmentregulation d) Capitalaccumulation

Increase in government regulation is NOT considered a factor contributing to economic growth. This…

Answered: Which of the following is NOT…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Similar questions

Of the following, which is a way that government can create a healthy climate for economic growth? Group of answer choices by instituting policies that discourage a competitive market by creating policies that encourage lifelong education by setting higher taxes by discouraging public sector investment in new technologies
Which of the following are possible outcomes of rapid population growth? A reduction in capital per worker An increase in technological knowledge A reduction in human capital per worker All of the above
What is the difference between extensive and intensive growth? Why was the Soviet Union successful in terms of extensive growth under Stalin, but failed to succeed in terms of intensive growth during the reform periods under Khrushchev and Gorbachev?
Which of the following causes sustained economic growth? Diminishing returns Increases in productivity Increases in the population Natural resource endowments
Explain the consequences of both too low and too high a growth rate
What will happen to the annual rate of growth of per capita real Gross Domestic Product (GDP) if the annual rate of population growth increases and the annual rate of growth of real GDP goes down?
Which of the following statements best describes the relationship between Economic Growth and Literacy Rates ? A. Literacy Rates decline as Economic Growth improves because Education is less useful in a developed economy. B. Increased Literacy initially stimulates Economic Growth by improving Labour Productivity but declines as the Opportunity Cost of Education increases with long-term Economic Growth. C. Increased Literacy stimulates Economic Growth by increasing Labour Productivity; People consume more Education as the Economy continues to grow. D. There is no correlation between Economic Growth and Literacy Rates.
Which of the following are true of capital as a determinant of economic growth? Check all that apply. Capital investment decreases per capita real GDP. Technological advances allow more output from the same amount of capital. As consumption increases, capital formation also increases. Countries with higher investment rates tend to have higher growth rates.
Which of the following statements is accurate: New growth theory suggests that human capital is irrelevant for economic growth. New growth theory suggests that economic growth is unsustainable because of population growth. New growth theory suggests that restraining population growth is important for economic growth. New growth theory suggests that economic growth can be sustained through the discovery of new technologies.
Which of the following is NOT a reason why middle-income countries in the east have experienced rapid growth rates? Group of answer choices The countries developed abundant new technologies which drove growth These countries had a strong policy structure that supported human capital investments These countries encouraged participation in the world markets These countries accrued larger savings and invested it domestically

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Which of the following is NOT considered a factor contributing to economic growth? a) Investment in human capital b) Technological progress c) Increase in government regulation d) Capital accumulation