1.Which of the following does NOT contribute to long-term economic growth?
A)An increase the price level.
B)Development of a new technologies that improve productivity
C)An increase in the size of the labor force
D)A more fair and just political and judicial system.

2.which of the following is a key to economic growth and development ?
A)A high level of production against imports
B)Elimination of private property rights
C)Rapid increase in money supply and rapid increases in government bail outs of failed and struggling businesses
D)An educated and healthy population of working age people

3. Economic growth is most likely to be enhanced when?
A)There are barriers to establishing legal ownership of land and capital resources
B)Scare resources are made available free of charged
C)New technologies are developed and utilized to enhanced productivity
D)Special interest groups have power to restrict completion and get government assistance when they make mistakes that lead to economic losses

Answer rating: 100% (QA)

1Which of the following does NOT contribute to longterm economic growth AAn increase the price level ... View the full answer