Chapter 16: Problem 10
Sustained economic growth did not begin anywhere in the world until around (LOI) a) 1450 b) 1600 c) 1750 d) 1900
Chapter 16: Problem 10
Sustained economic growth did not begin anywhere in the world until around (LOI) a) 1450 b) 1600 c) 1750 d) 1900
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Get started for freeThe events of \(9 / 11 \mathrm{had}\) (LO2) a) the long-term effect of raising our rate of economic growth b) the long-term effect of lowering our rate of economic growth c) virtually no effect on our rate of economic growth
Edward Denison attributes about percent of our economic growth to increases in productivity. (LO2) a) 10 b) 30 c) 50 d) 70 e) 90
Each of the following except slowed our rate of economic growth in the \(1970 \mathrm{~s}\). (LO4) a) research and development spending b) pollution regulations and requiring pollution reduction c) health and safety regulations d) rising energy costs
Which one of the following statements would you agree with? (LO3) a) By the mid-1990s computerization had reached the critical mass necessary to significantly raise our rate of productivity growth. b) Globalization has slowed our rate of productivity growth. c) High military and homeland security spending since \(9 / 11\) has helped raise our rate of productivity growth. d) Since 2001 the United States has been able to meet nearly all its financial needs from
Which of the following statements is true? (LO3) a) Expenditure on healthcare has declined considerably during the recent years. b) About one out of every six dollars of our GDP goes toward health care. c) The United States spends less per person on health care than most other developed nations. d) Health insurance premiums are an insignificant cost of doing business for most large companies.
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