Author Question: Improvements in literacy stimulate economic growth by: a. reducing the barriers to the flow of ... (Read 146 times)

RODY.ELKHALIL · **on:** Jun 30, 2018

Improvements in literacy stimulate economic growth by:
a. reducing the barriers to the flow of information.
b. improving the flow of resources to more productive uses.
c. imparting skills, which raises labor productivity.
d. doing all of the above.

Question 2

If the resources within a nation are not being fully or efficiently utilized, it means:
a. that the nation is operating at a point inside its production possibilities curve.
b. that the nation is operating at a point outside its production possibilities curve.
c. that the nation is operating at a point along its production possibilities curve.
d. that the nation is probably technologically advanced.
e. the government of that nation should seize ownership of the resources in order to attain the necessary efficiencies.