Quiz_224 - 89...

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89) The industrialized group of countries has growth rates that are consistent with the findings of the economic growth model. That is, Taiwan, Korea, and Singapore had ________ incomes in 1960 than the United States and Switzerland, and Taiwan, Korea, and Singapore grew ________ than the United States and Switzerland between 1960 and 2009. A) greater; more rapidly B) lower; less rapidly C) lower; more rapidly D) greater; less rapidly 89) Answer: C Diff: 2 Page Ref: 727/321 Topic: Catch - up Learning Outcome: Macro 17: Discuss the fundamentals of key macroeconomics theories AACSB: Table 22 - 1 Country Real GDP per Capita (in 1996 dollars) Growth in Real GDP per Capita, 1960 - 2000 Botswana $958 5.29% Thailand 1,091 4.70% Japan 4,544 4.32% Guatemala 2,344 1.29% 90) Refer to Table 22 - 1. In the table above, which countries are consistent with the predictions of the economic growth model? 90) Diff: 3 Page Ref: 728 - 729/322 - 323 Topic: Catch - up Learning Outcome: Macro 17: Discuss the fundamentals of key macroeconomics theories AACSB: Analytic Skills 91) Which of the following can explain why some countries have not experienced relatively high growth rates in real GDP per capita despite relatively low initial levels of real GDP per capita? 91) Diff: 2 Page Ref: 731/225 Topic: Catch - up Learning Outcome: Macro 16: Discuss the obstacles to development in developing countries and ways to address those obstacles AACSB: Reflective Thinking 24
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  • Spring '11
  • Lee
  • Economics, AACSB, Page Ref, Reflective thinking, Interstate 90

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Christopher Reinemann
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