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Author Question: Singapore had a GDP per capita of 395 in 1960, and 52,918 in 2013. The U.S had a GDP per capita of ... (Read 150 times)

deesands

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on: Jun 30, 2018
Singapore had a GDP per capita of 395 in 1960, and 52,918 in 2013. The U.S had a GDP per capita of 2,881 in 1960 and 52,839 in 2013. Such a growth is referred to as:
 
  A) instant growth. B) disguised growth. C) catch-up growth. D) sustained growth.

Question 2

The new growth theory of economic growth examines the interaction of
 
  A) regulations and capital expansion. B) technology, research, and innovation.
  C) resources and labor productivity. D) labor and population.


scikid

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


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