This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the proximate causes of prosperity? How are they related to the fundamental causes of ... (Read 48 times)

viki

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
What are the proximate causes of prosperity? How are they related to the fundamental causes of prosperity?
 
  What will be an ideal response?

Question 2

The income-expenditure model focuses on changes in price levels.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rosiehomeworddo

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 30, 2018
Answer to Question 1

Proximate causes of prosperity are factors such as physical capital, human capital, and technology. They are referred to as proximate causes of prosperity because they link high levels of prosperity to high levels of the inputs of production, but without providing an explanation as to why the levels of those inputs are high.
Proximate causes of prosperity arise out of fundamental causes of prosperity. Fundamental causes of prosperity are factors that are at the root of the differences in the proximate causes of prosperity.

Answer to Question 2

FALSE


viki

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Some red squirrels adopt the offspring of related individuals, a likely example of kin selection pro Some red squirrels adopt the offspring of related individuals, a likely example of kin selection pro
Procedures for Diagnostic Tests Related to the Digestive System Procedures for Diagnostic Tests Related to the Digestive System
Procedures for Diagnostic Tests Related to the Musculoskeletal system Procedures for Diagnostic Tests Related to the Musculoskeletal system
Procedures and Diagnostic Tests Related to the Female Reproductive System Procedures and Diagnostic Tests Related to the Female Reproductive System
In Canada, disease-related deaths become increasingly common during middle adulthood In Canada, disease-related deaths become increasingly common during middle adulthood
Concepts related to obesity and physical inactivity Concepts related to obesity and physical inactivity
Video: Polysaccharides

For a complete list of videos, visit our video library