Question 9(Multiple Choice Worth 2 points)

In the long-run, a decrease in investment spending would mean

real capital will decrease causing economic growth to decrease.

real capital will decrease causing economic growth to increase.

financial capital will decrease causing economic growth to decrease.

financial capital will increase causing economic growth to increase.

human capital will increase causing economic growth to increase.

Question 10(Multiple Choice Worth 2 points)

The biggest factor for determining a change in economic growth is

labor productivity.

capital investment.

an increase in population.

a new oil discovery.

government policies.

Question 11(Multiple Choice Worth 2 points)

With an increase in interest rates, capital investment

decreases, decreasing economic growth.

decreases, increasing economic growth.

increases, decreasing economic growth.

increases, increasing economic growth.

does not change, with no change in economic growth.

Question 12(Multiple Choice Worth 2 points)

Which of the following will not change economic growth?

labor productivity.

capital investment.

an increase in population.

a new oil discovery.

government spending.