Societies that are far away from the economic frontier may see
economic growth as too limited and too long-term instruments
leading to a failure of _________________________.
There is a fundamental belief that the world economy is
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Marked out of 5.00
: Choose the correct answer for each question below.
_____________________indeed find that wealthier households hold
higher risk, higher expected return portfolios, which naturally leads to
different growth rates and increasing inequality over time.
Supporting __________ development has also been a key priority of
development assistance in the past several decades.
Capital accumulation results when some proportion of present income is
saved and invested in order to augment future _________________and
A significant body of evidence from _________________wherein he
suggested that the rich prove far more successful at smoothing
consumption than do the poor.
Nations accumulate international _________________in any or all of the
following three forms: (1) foreign hard currency (primarily U.S. dollars)
whenever they sell more abroad than they purchase; (2) gold mined
domestically purchased; and (3) deposits with the IMF, which acts as a
reserve bank for individual nations’ central banks.