Exam 7: Economic Growth: Theory and Policy

Which of the following countries would find it easiest to achieve rapid growth in per capita GDP?

College tuition expenses have risen from 1979 to 2009 by

Which of the following would tend to shift the production function upward?

Higher energy prices can be used to explain the productivity slowdown in the period from

Which period of recent U.S.history shows the lowest rates of productivity growth?

What is the price of investment? How are they related? What has to be done to increase investment?

The shrinking gap between the income levels of poor and rich countries is known as the

For a given technology and a given labor force,labor productivity will be ____ when the capital stock is ____.

In general,as productivity levels decrease,the potential for productivity growth

On-the-job training is the one area of education in the United States most influenced by the

Which of the following is not one of the three pillars of productivity growth?

The prices of telecommunications services have decreased due to productivity increases.

Which furniture production process would have the highest wage rates?

The "cost disease of personal services" phenomenon predicts that the price of tickets to baseball games and cell phone rates will increase at approximately the same rate.

With regard to investments in human capital,China has been

Falling energy prices could explain rising labor productivity in the 1990s

Workforce explanations of the productivity changes in the 1973-1995 period include

A productivity increase is illustrated by a shift in the production function

In the United States,the average level of educational attainment is approximately a

In order to improve living standards for future generations,the economy must