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1 1 pts question 21 investments in education result

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1 / 1 ptsQuestion 21Investments in education result in ___________.All the other answersincreases in human capitalincreases in technological innovations and inventionsincreases in physical capital
1 / 1 ptsQuestion 22Which of the following isnotan example of governments creating ahealthy climate for economic growth?
1 / 1 ptsQuestion 23The idea that low income countries grow faster than high-incomecountries is called ________.
1 / 1 ptsQuestion 24Low-income economies grow faster than high-income economiesbecause _______.
1 / 1 ptsQuestion 25Which of the following explains why convergence between high-incomecountries and the rest of the world may not be likely?All the other answersEven though high-income economies may be growing at a slower rate,they continue to improve technology and invest in deepening theirhuman and physical capital.
High-income countries have been building up their advantage instandard of living over decades, so low-income countries may have ahard time catching up even at high growth rates.Low-income countries have many opportunities to copy and adapttechnology, but they often lack the appropriate supportive economicinfrastructure and institutions
1 / 1 ptsQuestion 26Mark is interested in studying the economic growth of his country. Hepulled statistics for the GDP of his country, Country H, and found it'spresent GDP to be $345,521.22. What will Country H's GDP bein 3 years with an annual growth rate of 9%?
Quiz Score:26out of 26
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