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Unformatted text preview: capital, technology, and innovation. 6. The factors that drives economic growth are natural resources, human resources, capital, and technology and innovation. 7. Yes, countries with a higher underground economy have less GPD. 8. If a country incorporated its underground economy into the main economy, the GDP would increase greatly. 9. The data is on the attached paper. 10. 2003 had the highest growth. 2001 had the lowest growth. 11. Human capital increased because of this. 12. The graph counters the idea that 9/11 caused recession. 13. GDP growth of 5% could mean that there would start to be recession or sluggish economic growth in the near future....
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This note was uploaded on 04/06/2011 for the course US 1 taught by Professor Young during the Fall '07 term at UCSD.
- Fall '07