Quiz_225 - 91 - growth A B C D

91) Which of the following is not a reason why low - income countries might experience low economic
growth?
A) The country has a low rate of saving and investment.
B) The country has a good education system.
C) The country fails to enforce a rule of law.
D) The country has endured extended periods of war.
Answer: B
91)
Diff: 1 Page Ref: 731/357
Topic: Why Isn ʹ t the Whole World Rich?
Learning Outcome: Macro 16: Discuss the obstacles to development in developing countries and ways to
address those obstacles
AACSB: Reflective Thinking
92) There has been catch - up among the ________ countries, but there has not been catch - up among
________.
92)
Diff: 2 Page Ref: 727/353
Topic: Catch - up
Learning Outcome: Macro 16: Discuss the obstacles to development in developing countries and ways to
address those obstacles
AACSB: Reflective Thinking, Multicultural and Diversity
93) ________ save a ________ of their income. This ________ capital in their economy and raises
economic growth.
93)
Diff: 2 Page Ref: 734/360
Topic: Why Isn ʹ t the Whole World Rich?
Learning Outcome: Macro 16: Discuss the obstacles to development in developing countries and ways to
address those obstacles
AACSB: Reflective Thinking