Chapter 7: Problem 31
As technological change makes us more sedentary and food costs increase, obesity is likely. What factors do you think may limit obesity?
Chapter 7: Problem 31
As technological change makes us more sedentary and food costs increase, obesity is likely. What factors do you think may limit obesity?
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Get started for freeWhat policies can the government of a free-market economy implement to stimulate economic growth?
Would the following events usually lead to capital deepening? Why or why not? a. A weak economy in which businesses become reluctant to make long-term investments in physical capital. b. A rise in international trade. c. A trend in which many more adults participate in continuing education courses through their employers and at colleges and universities.
An economy starts off with a GDP per capita of 12,000 euros. How large will the GDP per capita be if it grows at an annual rate of \(3 \%\) for 10 years? \(3 \%\) for 30 years? \(6 \%\) for 30 years?
Over the past 50 years, many countries have experienced an annual growth rate in real GDP per capita greater than that of the United States. Some examples are China, Japan, South Korea, and Taiwan. Does that mean the United States is regressing relative to other countries? Does that mean these countries will eventually overtake the United States in terms of the growth rate of real GDP per capita? Explain.
Describe some of the political and social tradeoffs that might occur when a less developed country adopts a strategy to promote labor force participation and economic growth via investment in girls' education.
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