High growth in the rich countries from 1985 to 2014 was most likely due to A. high consumption rates. B. high capital accumulation. C. monetary policy. OD. a high savings rate. E. technological progress.
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- Most of the poor countries experience slow growth because of all the following reasons except O A. the government's failure to enforce the rule of law. B. low rates of saving and investment. C. frequent civil disturbances such as wars and revolutions. D. excellent public health and education. The unemployment rate A. typically rises during a recession and falls immediately after the recession has ended. B. typically falls during a recession and rises after the recession has ended. C. typically falls during a recession and after the recession has ended. D. typically rises during a recession and after the recession has ended.Economics (1) Which of the following is an example of what growth economics calls institutions?a. private technologyb. mountainsc. well-regulated markets.d. television programminge. incentives (2) What function of money is highlighted when I write a check to a school to pay for my child’s tuition costthis semester?a. fiat moneyb. medium of exchangec. unit of accountd. store of valuee. commodity money (3). The deficit measures ____________ over a year, while the debt measures ___________ at a point in time:a. The accumulated stock of government spending; the accumulated stock of borrowingb. The flow of new borrowing; the accumulated stock of borrowingc. The flow of government spending; the flow of new borrowingd. The accumulated stock of borrowing; the flow of new borrowinge. The flow of government spending; the accumulated stock of government spending (4). The minimum wage is often offered as a possible way to address the income gap. There is, however, apossibility that a minimum wage…Sınav g Soru 3 Chapter 8: Economic Growth I: Capital Accumulation and Population Growth Henüz 1 cevaplanmadı 5,00 üzerinden Question: The ... level of capital accumulation is the with the highest level of 10 işaretlenmiş P Soruyu işaretle 19 Oa. steady state / Golden Rule / output per worker. Uygular Kalan sü O b. steady state / highest saving rate/ consumption per worker. steady state / fastest growth rate / capital per worker. Golden Rule /steady state / output per worker. P e Golden Rule / steady state /consumption per worker.
- My courses / ECON202-20202 / My Assessments / MIDTERM EXAM If the US has an average growth rate is 2.1% and South Korea has an average growth rate of 5.%, then South Korea is experiencing of O a. a slower economic growth than the US. b. no economic growth. estion O c. the same economic qrowth as the US. O d. a faster economic growth than the US. Next page A Chapter 6 In Class Practice Jump to... eu are logged in as ABDULRAHMAN ALSAEEM (Log out) Copyright © 2020 All Rights Reserved. MacBook Pro @ 2# % & 2 3 4 5 7 8 A E R T Y ض ق そ A S » G H. J K V B i く 6. つ つ > *3How can the study of macroeconomics help a country's economic managers? a. All of these are correct O b. It helps to bring stability in price level and analyses fluctuations in business activities O c. It explains factors which determine balance of payments d. It helps to achieve the goal of economic growth, a higher GDP level, and higher level of employmentnciples of Macroeconomics Spring20 fall20 stion 16 Activities that encourage faster growth are yet wered Select one: ked out of a. taxes on saving that serve to encourage more spending and less saving. O b. high levels of consumption and low levels of savings. Flag question O c. developing trade barriers to protect national industries. O d. investment in new capital and human capital. evious page
- Saved The accompanying table shows real GDP from 2010 to 2015 for China, measured in billions of 2009 dollars: Bil1ions of 2009 Year Dollars Growth Rate 2010 5,609 2011 6,140 2012 6,613 2013 7,122 2014 7, 642 2015 8, 169 J Instructions: Enter your response rounded to one decimal place. a) Complete the growth rate column above. % b) By what percentage did the Chinese economy grow between 2010 and 2015? c) Chinese economic growth was the highest in (Click to select)A policy that increases saving a. will worsen economic growth, but improve health outcomes. b. will worsen economic growth and health outcomes. c. will improve economic growth, but worsen health outcomes. d. will improve economic growth and health outcomes.K An island economy produces only bananas and coconuts. The table gives the quantities produced and prices in 2018 and 2019. If the base year is 2019, compare the growth rates of nominal GDP and real GDP. >>> Answer to 1 decimal place. The growth rate of nominal GDP in 2019 is 26.4 percent. The growth rate of real GDP in 2019 using the chained-dollar method is percent. In 2018 Item Bananas Coconuts In 2019 Item Bananas Coconuts Quantity 95 bunches 60 bags Quantity 112 bunches 68 bags Price $7 a bunch $12 a bag Price $12 a bunch $6 a bag
- . Consider the following data for an economy. Year 1 2 Real GDP $56,000 $78,500 Population 200 263 a. Calculate the real GDP growth rate. b. Using the rule of 70, approximately how many years will it take the economy's real GDP to double? Calculate the standard of living in each of the years. C. d. e. Using the values determined in part c, calculate the standard of living growth rate. Without using the rule of 70, how many years will it take for the standard of living to triple?explain 1.Orthodox or conventional economists say that to address unequal growth between the rich and thepoor, the world economy needs to grow more. Do you agree with this idea? Why or why not? 2.What does the term “de-develop” mean? Is it a positive or a negative idea? 3. According to investopdia.com, a steady-state economy is an economy structured to balance growt hwith environmental integrity, seeking to find an equilibrium between production growth andpopulation growth. This type of economy aims for the efficient use of natural resources but alsoseeks a fair distribution of the wealth generated from the development of those resources. Is thistype of economy more plausible than continued, unlimited economic growth? Why or why not?Sınav gezi Soru 4 Chapter 9: Economic Growth II: Technology, Empirics, and Policy Henüz 1. cevaplanmadı 5,00 üzerinden Question: convergence happens when countries converge to 10 11 işaretlenmiş P Soruyu işaretle 19 O a. Conditional /the same steady state as other economies. Uygulamayı I Kalan süre 0: O b. Relative / their individual steady states. Relative/the same steady state as other economies. O d. Conditional/ their own steady states. O e. Conditional / the Golden Rule steady state. 20
