To increase growth, governments should do all of the following except ?

Related Mcqs:

A reasonable measure of the standard of living in a country is ?

A. real GDP per person B. nominal GDP per person. C. Real GDP D. The growth rate of nominal GDP per person...

When a national has very little GDP per person ?

A. it is doomed to being relatively poor forever B. none of these answers C. an increase in capital will likely have little impact on output D. it has the potential to grow relatively quickly due to the “catch-up-effect” E. It must be a small nation....

Which of the following expenditures to enhance productivity is most likely to emit a positive externality ?

A. Megabank buys a new computer B. Naila pays her university tuition fees. C. OGDC leases a new oil field D. Indus Motors buys a new drill press...

Many East Asian countries are growing very quickly because ?

A. They save and invest an unusually high percentage of their GDP B. They have always been wealthy and will continue to be wealthy, which is known as the “snowball effect” C. They are imperialists and have collected wealth from previous victories in war D. They have enormous natural resources....

Once a country is wealthy ?

A. it no longer needs any human capital B. capital becomes more productive due to the “catch-up- effect” C. none of these answers D. it may be harder for it to grow quickly because of the diminishing returns to capital...