Identify the correct statement.
a. Between the 1960s and the 1990s, per capita GDPs grew faster in nonglobalizing countries.
b. Between the 1960s and the 1990s, per capita GDPs grew faster in globalizing countries than in industrialized countries.
c. Between the 1960s and the 1990s, per capita GDP growth rates in the industrialized world increased.
d. Between the 1960s and the 1990s, per capita GDP in the industrialized world decreased.
e. Between the 1960s and the 1990s, per capita GDP in all developing countries increased.
Question 2
Which of the following is (are) true when one firm's research and production can increase another firm's access to technological advances?
a. It is called a technology spillover.
b. Other firms will imitate and improve on the new knowledge.
c. If there is no subsidy, the market equilibrium output level is less than the efficient equilibrium output level.
d. All of the above.
Identify the structures shown below by filling in the blanks.
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho
The per capita emissions of the developed world
Government Corruption versus GDP per Capita, 2009
Average Years of Schooling versus GDP per Capita