Quiz_225 - 91 - growth A B C D

Quiz_225 - 91 - growth A B C D

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91) Which of the following isnota reason why low-income countries might experience low economicgrowth? 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 raiseseconomic 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
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