Exam 9: Global Economic Growth and Development

According to your text, which of the following countries has experienced the highest annual per capita Gross Domestic Product (GDP) growth rate since 1970?

Which one of the following is a key to economic development?

Entrepreneurship functions better when

The new growth theory of economic growth examines the interaction of

In which of the following periods did nations of the European Union experience the highest average annual rate of growth of per capita real Gross Domestic Product (GDP)?

Which of the following is NOT an obstacle to economic development?

Productivity relates to

In which of the following periods did nations of the European Union experience the lowest average annual rate of growth of per capita real Gross Domestic Product (GDP)?

Suppose that the per capita GDP for Japan in 2016 was $48,500 and in 2017 was $49,470. How much did the Japanese per capita GDP grow between 2016 and 2017?

Entrepreneurship functions better when

Proponents of the new growth theory argue that which of the following is a determinant of economic growth?

Which of the following is NOT a benefit of economic growth?

What are the shortcomings of using changes in per capita real GDP to measure economic growth?

Which one of the following helps preserve incentives to develop new technologies?

According to the text, a person born in the United States at the beginning of this century would likely observe

Which of the following nations has experienced the highest average annual rate of growth of per capita real GDP since 1990?

Higher saving rates mean higher future growth rates because

If population growth is greater than the growth of real output

All of the following are keys to economic development EXCEPT

Of the following views on the effects of immigration on the receiving nation's economic growth, which have NOT been suggested by economist Julian Simon?