Economic Growth

10 Questions  I  By Jeffusmc
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Economic Growth
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1.  Which of the following is an example of a nonrenewable resource?
A.
B.
C.
D.
2.  Suppose Ford builds a new car factory in Mexico. Future production from such an investment would
A.
B.
C.
D.
3.  The term "Brain Drain" refers to
A.
B.
C.
D.
4.  Which of the following is generally an opportunity cost of investment in human capital?
A.
B.
C.
D.
5.  Other things equal, relatively poor countries tend to
A.
B.
C.
D.
6.  If your American-based firm opens and operates a new plastics factory in Ireland, your firm is engaging in
A.
B.
C.
D.
7.  The opening of a new American-owned factory in Liberia would tend to increase Liberia’s GDP more than it increases Liberia’s GNP because
A.
B.
C.
D.
8.  Which of the following is not correct?
A.
B.
C.
D.
9.  A rapid increase in the number of workers is likely to
A.
B.
C.
D.
10.  Which of the following is not true?
A.
B.
C.
D.
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