Macroeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN: 9781305280601
Author: William J. Baumol, Alan S. Blinder
Publisher: Cengage Learning
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Chapter 7, Problem 4DQ
a)
To determine
To describe: The role of educational policies in the economical growth, which may be different from one country to another.
b)
To determine
To describe: The role of educational policies in the economical growth, which may be different from one country to another.
c)
To determine
To describe: The role of educational policies in the economical growth, which may be different from one country to another.
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Macroeconomics: Principles and Policy (MindTap Course List)
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- Why do you think it is difficult for high-income countries to achieve high growth rates?arrow_forwardWhich 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 domesticallyarrow_forwardIdentify one developed and one developing country. Research their recent economic growth rates. Analyze differences in the countries that would help lead to different rates of economic growth. In your response, be sure to avoid analyzing short-run factors of economic performance and focus on the factors that affect long-run economic growth.arrow_forward
- List as many causes of economic growtharrow_forwardTrue or false Technological advancements is necessary for the economic growth in a country.arrow_forwardIn many developing nations, young women have lower enrollment rates in secondary school than do young men. Describe several ways in which greater educational opportunities for young women could lead to faster economic growth in these countries.arrow_forward
- In many developing nations, young women have lower enrollment rates in secondary school than do young men. Describe several ways in which greater educational opportunities for young women could lead to faster economic growth in these carrow_forwardexplain the impact of import biased growth on the welfare of a country With the help of a diagram,arrow_forwardExamine the institutional structures necessary for modern economic growth.arrow_forward
- Explain how institutional factors promote economic growth in these areas: promotion of modern technology the flow of resources to the most productive areasarrow_forwardEconomic growth accounting studies show that Group of answer choices Improvements in physical capital are more important than improvements in human capital Technology is the most important component of economic growth Capital deepening is the most important factor in economic growth. Population growth is the most important source of growtharrow_forwardanswer fast mearrow_forward
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