« previous next »

Author Question: Economic growth occurs when there is A) lower taxes on individuals. B) growth in government ... (Read 95 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
Economic growth occurs when there is
 
  A) lower taxes on individuals.
  B) growth in government spending.
  C) growth in technology that increases productivity.
  D) more environmental regulation.

Question 2

The implied growth rate for a country between 1960 and 2010 is 6. This implies that:
 
  A) the country needed to grow at an average rate of 6 per year between 1960 and 2010 to reach the 2010 level of GDP starting with the 1960 level.
  B) the country needed to grow by at least 6 in any of the fifty years between 1960 to 2010 to reach the level of GDP in 2010 starting with the 1960 level.
  C) the growth rate of GDP in the country was above 6 between 1960 to 1990 and above 6 between 1991 and 2010.
  D) the country needed to grow at rates above 6 per year between 1960 and 2010 to reach the 2010 level of GDP starting from the 1960 level.


jaymee143

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
Apply superficial friction to the upper and lower back. Stand to one side. Ask the recipient to lean ... Apply superficial friction to the upper and lower back. Stand to one side. Ask the recipient to lean ...
economic question economic question
economic question economic question
economic question economic question
Video: Generalized life cycles for plants and animals Animation

For a complete list of videos, visit our video library