Homework Answers
Correct option: (d) There are incentives for investment in capital
Reason: Countries which incentivize their people and businesses to invest in capital, basically incentivize them to grow and develop more and create channels for them to grow. This creates an environment for higher economic growth in countries.
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QUESTION 10 Economic growth is highest in countries where a. there is political instability. D. there...
Determine whether the following policies and programs support a political environment that promotes economic growth and...
Determine whether the following policies and programs support a political environment that promotes economic growth and development in less- developed countries (LDCs). For those that help promote economic growth and development in LDCs, classify each policy or program into one of the following categories: law and order, infrastructure, or international trade Support economic growth Law and Order Infrastructure International Trade Inhibit economic growth Policies and Programs Competitive markets A market-determined exchange rate Artificially high exchange rates Efficient transportation systems
Determine whether each of the following statements about human resources and economic growth in less-developed countries...
Determine whether each of the following statements about human resources and economic growth in less-developed countries (LDCs) is true or false. Statement Population growth increases both GDP and GDP per capita. Brain drain occurs when educated workers of LDCs pursue careers in wealthier countries. LDCs often experience rapid population growth with high human capital investment. The typical LDC often lacks the ability to educate and train its labor force. True False
Link w DOC d. 16. nase 29. According to the Solow-Swan theory of long-run economic growth,...
Link w DOC d. 16. nase 29. According to the Solow-Swan theory of long-run economic growth, higher rates of saving for, equivalently, investment) lead to a higher income per person and higher consumption per person b. higher income per person and lower consumption per person c. higher income per person but not necessarily higher consumption per person d. higher consumption per person if the saving rate rises from an already high level and lower consumption per person if the saving...
Question 18 (Ch21&22) Which countries have experienced faster economic growth? 1. A) Countries that have been...
Question 18 (Ch21&22) Which countries have experienced faster economic growth? 1. A) Countries that have been generally more open to foreign trade and investment. 2. B) Countries that relied less on foreign trade and more on their own internal sources of saving and investment. 3. C) Countries that focused on job preservation. 4.D) Countries that avoided globalization. Question 19 (Ch21&22) Why has productivity growth in the U.S. been more rapid than in the other industrialized countries? A) Because of the...
5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant...
5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign investment in the United States. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Protecting property rights and enforcing contracts Imposing restrictions on foreign ownership of domestic capital Pursuing inward-oriented policies Increasing taxes on income from savings What is a significant factor in...
5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant...
5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreigndirect investment in the United States. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Protecting property rights and enforcing contracts Imposing restrictions on foreign ownership of domestic capital Pursuing inward-oriented policies Increasing taxes on income from savings What is a significant factor in...
portfolio/direct 5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production...
portfolio/direct
5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign investment in the United States. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Pursuing inward-oriented policies Increasing taxes on income from savings U Providing tax breaks and patents for firms that pursue research and development in health and sciences Protecting property...
Lh 22HWK 1. Help Save & b. Low labor productivity can slow economic growth because workers...
Lh 22HWK 1. Help Save & b. Low labor productivity can slow economic growth because workers in the DVCs produce 0.25 O more than their respective counterparts in the IACs with less resources less than their respective counterparts in the IACs with more resources O more than their respective counterparts in the IACs with the same amount of resources. O less than their respective counterparts in the with the same amount of resources. c. Large populations can reduce per capita...
Economics is about setting and ordering economic goals which are economic growth,full employment,economic efficiency, price level...
Economics is about setting and ordering economic goals which are economic growth,full employment,economic efficiency, price level stability,economic freedom,equitable distribution of income, economic security, balance of trade. How you order the goals is based on your political philosophy-its based on value judgements-its a normative issue. Some goals are complimentary while others conflict. For example if you prioritize economic freedom and growth you are a conservative and likely to vote republican.. You would de-emphasize equity and security. If equity and security are...
The Economist article “Indonesias economic growth is being held back by populism,” (see below) highlights a...
The Economist article “Indonesias economic growth is being held back by populism,” (see below) highlights a number of features of Indonesias economic growth potential (as of January, 2019). After reading the article, evaluate the quality of Indonesia’s policy environment. Specifically, consider which aspects of Indonesia’s policy and demographic setting are conducive to economic growth and which are inhibiting economic growth? Begin with a brief summary of the requirements for economic growth that are explained in Modules 20 and 22. When...
Determine whether the following policies and programs support a political environment that promotes economic growth and development in less- developed countries (LDCs). For those that help promote economic growth and development in LDCs, classify each policy or program into one of the following categories: law and order, infrastructure, or international trade Support economic growth Law and Order Infrastructure International Trade Inhibit economic growth Policies and Programs Competitive markets A market-determined exchange rate Artificially high exchange rates Efficient transportation systems
Determine whether each of the following statements about human resources and economic growth in less-developed countries (LDCs) is true or false. Statement Population growth increases both GDP and GDP per capita. Brain drain occurs when educated workers of LDCs pursue careers in wealthier countries. LDCs often experience rapid population growth with high human capital investment. The typical LDC often lacks the ability to educate and train its labor force. True False
Link w DOC d. 16. nase 29. According to the Solow-Swan theory of long-run economic growth, higher rates of saving for, equivalently, investment) lead to a higher income per person and higher consumption per person b. higher income per person and lower consumption per person c. higher income per person but not necessarily higher consumption per person d. higher consumption per person if the saving rate rises from an already high level and lower consumption per person if the saving...
Question 18 (Ch21&22) Which countries have experienced faster economic growth? 1. A) Countries that have been generally more open to foreign trade and investment. 2. B) Countries that relied less on foreign trade and more on their own internal sources of saving and investment. 3. C) Countries that focused on job preservation. 4.D) Countries that avoided globalization. Question 19 (Ch21&22) Why has productivity growth in the U.S. been more rapid than in the other industrialized countries? A) Because of the...
portfolio/direct
5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign investment in the United States. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Pursuing inward-oriented policies Increasing taxes on income from savings U Providing tax breaks and patents for firms that pursue research and development in health and sciences Protecting property...
Lh 22HWK 1. Help Save & b. Low labor productivity can slow economic growth because workers in the DVCs produce 0.25 O more than their respective counterparts in the IACs with less resources less than their respective counterparts in the IACs with more resources O more than their respective counterparts in the IACs with the same amount of resources. O less than their respective counterparts in the with the same amount of resources. c. Large populations can reduce per capita...
Economics is about setting and ordering economic goals which are economic growth,full employment,economic efficiency, price level stability,economic freedom,equitable distribution of income, economic security, balance of trade. How you order the goals is based on your political philosophy-its based on value judgements-its a normative issue. Some goals are complimentary while others conflict. For example if you prioritize economic freedom and growth you are a conservative and likely to vote republican.. You would de-emphasize equity and security. If equity and security are...
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