When observing economic growth and literacy rates, it is clear that:
a. economic growth causes higher literacy rates.
b. economic growth may be a consequence of improved education.
c. improved levels of education may be the result of increasing economic growth.
d. all of the above are likely to be true.
Question 2
Which of the following is an assumption made while constructing a production possibilities frontier PPF?
a. Dynamic technological know-how
b. Flexible resource quality
c. Fixed resource quantity
d. Full and efficient use of resources
e. Flexible money supply
High rates of rural poverty have been a part of the United States from its origin to the present. ...
Economic Globalization
Women status and the population growth rates
U.S. Output and Productivity Growth, 1870–2007
This table shows the growth of a crowd at a rally over a 3 h period.
economic question