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Author Question: The lack of capital in developing nations causes (Read 129 times)

evelyn o bentley

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Question 1

Which of the following factors has been suggested as an explanation for the lack of economic growth in many poor nations?


◦ insufficient capital formation
◦ the supply of human resources is too high.
◦ inadequate level of resources
◦ a lack of dependence on the already developed nations

Question 2

The lack of capital in developing nations causes


◦ labor productivity to remain low.
◦ the savings rate to be too high.
◦ output to be low in the present but high in the future.
◦ consumption rates to be too high.


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Marked as best answer by evelyn o bentley on Apr 19, 2019

HandsomeMarc

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evelyn o bentley

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


meganmoser117

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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