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


You've reached the end of your free preview.
Want to read all 4 pages?
- Three '11
- various
- AACSB, Page Ref