According to new growth theory A. centrally-planned economies are the most efficient. B. technological change is influenced

Fantastic news! We've Found the answer you've been seeking!

Question:

According to new growth theory

A. centrally-planned economies are the most efficient.

B. technological change is influenced by economic incentives

C. economic growth is determined by forces outside the control of the market system

D. growth in real GDP per capita occurs only if there are increasing returns

Related Book For answer-question

International Marketing And Export Management

ISBN: 9781292016924

8th Edition

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

See More Books

Posted Date: Feb 14, 2024 05:11 AM

See More Questions

1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
The following table provides approximate statistics on per capita income levels and growth rates for regions defined by income levels. According to the Rule of 70, starting in 2015 the high-income...
The voltage held by a voltage regulator follows a normal random variable with a mean that equals 200 volts and a standard deviation that equals 5 volts. A regulator meets the specifications if the...
Enter the mystery1.html text from Figure 4.1 into a new Web page, then load the page in the browser to verify that it behaves as described. Modify the page so that it uses any two images that you...
Given the following information, compute the ending balances of the Materials Inventory, Work in process Inventory, and Finished Goods Inventory accounts: Materials Inventory, beginning balance...
You are building an instrument to measure the orientation of Earth's magnetic field. Your device consists of a single conducting coil that encloses an area $A=400 \mathrm{~mm}^{2}$ and rotates at a...
Virginia College promotes a wide variety of executive-training courses for firms in the Arlington, Virginia, region. Director Marilyn Helms believes that individually typed letters add a personal...
65. Doubling the initial concentration of a reactant doubles t1/2 of the reaction then order of reaction is :- (1) 3 (2) 2 (3) 1 (4) Zero
Aztec Corporation purchased 70% of the outstanding shares of Inca Limited on January 1, 20X2, at a cost of $84,000. Aztec has always used the cost method to account for its investments. On January 1,...
Assume the variables city and province exist. Create a new variable location that formats city and province as you would in an address. For example, if city = 'Toronto' and province = 'ON', then the...
Exhibit 6-2 Civilian Civilian Noninstitutional Labor Force Employed Persons Year Population (millions) (millions) (millions) 1 250 200 175 2 400 300 200 3 500 400 350 14 1000 800 720 Refer to Exhibit...
Let P(x) : x2 4. The domain for x is all positive integers (1, 2, 3, . . .). Determine the truth value of the following proposition. x P(x)
Bounce Fitness is a premier fitness centre in four cities - Cairns, Brisbane, Sydney, and Melbourne. Access the link below to learn more about Bounce Fitness: Bounce Fitness...
Remote or hybrid work has become the new normal for millions of people. We are only just starting to see the impact. explain
Some management commenntators have argued that position or job descriptions are not necessary, that they are simply unneeded paperwork that occupy file space and they are not particularly useful. In...
The following details are taken from the accounting records of Halfmoon Ltd 30 june 2019 Additional information: (a) During the year ending 30 June 2019, 100,000 shares were issued at an issue price...
(a) Water flows through the nozzle of a garden hose. Find an expression for m in terms of line pressure P 1 , ambient pressure P 2 , inside hose diameter D 1 , and nozzle outlet diameter D 2 . Assume...
Explain the major product policy questions facing the exporting company. In what ways, if any, does the size of company affect the relative importance of the question?
After many years of international consulting and trading activities with Hong Kong and China, Klaus Koehler established a services company, the Klako Group, in Hong Kong in 1979. The company provided...
If not for Hong Kong, Sonya Madden believes she could never have made the quantum leap from investment banker to international fashion designer. Basing her business close to the supplies enabled the...
Harry wants to contribute either $$6,500$ (BT$$)$ to a traditional deductible IRA or $$6,500$ (AT$$)$ to a Roth IRA. His current tax rate is 30% for ordinary income and 15% for capital gains....
Rita, a calendar year taxpayer, is an employee of the RST Partnership, which has a June 30 year-end. The partnership pays Rita a salary of 2,500 per month for the period January 1 through June 30,...
The XYZ Partnership reports the following items during 2022: Calculate ordinary income (or loss) by completing page 1 of Form 1065, and complete Schedule K (Partners Shares of Income, Credits,...

According to new growth theory A. centrally-planned economies are the most efficient. B. technological change is influenced

Question:

Expert Answer:

The detailed answer for the above question is provided below The correct answer is B technological c... View the full answer

International Marketing And Export Management

Students also viewed these economics questions