Author Question: Countries with a high level of bureaucratic inefficiency tend to have low rates of real GDP growth ... (Read 146 times)

shofmannx20

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Countries with a high level of bureaucratic inefficiency tend to have low rates of real GDP growth because
 
  A) of complications that keep capital goods from flowing to their most efficient use.
  B) of poor accounting practices when determining real GDP.
  C) of poor management skill development in companies.
  D) they facilitate capital goods development.

Question 2

Refer to the above figure. Which of the following would allow society to move to point d?
 
  A) producing efficiently
  B) concentrating production in wheat
  C) increasing the quantity of labor
  D) using the best land to produce wheat and the lower quality land to produce beans



alvinum

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Answer to Question 1

A

Answer to Question 2

C



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