Which of the following is NOT a method for promoting global economic growth?
A) reliance on private markets to direct capital goods toward their best use
B) Count on the world's governments to develop policies that promote economic growth in developing nations.
C) Encourage population growth so that developing nations' labor supply increases.
D) market based approach
Question 2
The asset demand for money is
A) greater at high interest rates as investors can earn more on their investments.
B) greater at low interest rates, because the opportunity cost of holding money is low.
C) greater at low interest rates, because the opportunity cost of holding money is high.
D) lower at low interest rates, because the opportunity cost of holding money is high.
Effects of growth rate on development.
Growth of Suburban St. Louis, 1950–1960
North America and the Global Economy
economic question
economic question
Abnormal tissue growth and cancer development