Learning Outcome Macro 4 Explain the sources of productivity growth AACSB

Learning outcome macro 4 explain the sources of

This preview shows page 1 - 3 out of 4 pages.

Learning Outcome: Macro 4: Explain the sources of productivity growth AACSB: Reflective Thinking, Multicultural and Diversity TRUE/FALSE. Write ʹ T ʹ if the statement is true and ʹ F ʹ if the statement is false. 111) As predicted by the economic growth model, countries that start with lower levels of GDP per capita always grow faster than countries that start with higher levels of GDP per capita. 111) Answer: True False Diff: 1 Page Ref: 726 - 727/352 - 353 Topic: Why Isn ʹ t the Whole World Rich? Learning Outcome: Macro 17: Discuss the fundamentals of key macroeconomic theories AACSB: Reflective Thinking 31
Image of page 1
112) One reason why many low - income countries experience low rates of growth is because of poor public education and health. 112) Answer: True False Diff: 1 Page Ref: 733 - 734/359 - 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 113) The purchase of stocks and bonds issued in another country is known as foreign direct investment. 113) Answer: True False Diff: 1 Page Ref: 734/360 Topic: The Benefits of Globalization Learning Outcome: Macro 16: Discuss the obstacles to development in developing countries and ways to address those obstacles AACSB: Reflective Thinking 114) Of all industrialized nations, real GDP per capita was the highest in Japan in 2010. 114) Answer: True False Diff: 1 Page Ref: 730/356 Topic: Why Has Productivity Growth Been Faster in the United States? Learning Outcome: Macro 4: Explain the sources of productivity growth AACSB: Reflective Thinking SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 115) Explain the meaning of the word ʺ convergence ʺ in the context of economic growth and standards of living. 115) Answer: Convergence is a term that describes a prediction of the economic growth model.
Image of page 2
Image of page 3

You've reached the end of your free preview.

Want to read all 4 pages?

  • Three '11
  • various
  • Unemployment, Harshad number, AACSB, Page Ref

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes