Economic Growth

10 Questions  I  By Jeffusmc
Ensure that you enter your complete first and last name so that you receive your grade.   The deadline for completing this quiz is Monday at 10 p. M.   You will have 20 minutes to answer 10 questions.   You are permitted ONE try at this quiz.   If you take it twice, your first score will be the only one counted.   Good skill!

  
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1.  Although technological knowledge and human capital are closely related, there is an important difference. A relevant metaphor would be
A.
B.
C.
D.
2.  If Japanese-owned Honda opens a factory in Ohio,
A.
B.
C.
D.
3.  Which of the following is an example of a nonrenewable resource?
A.
B.
C.
D.
4.  Which of the following is generally an opportunity cost of investment in human capital?
A.
B.
C.
D.
5.  Which of the following is not true?
A.
B.
C.
D.
6.  Which of the following is correct?
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.  If your American-based firm opens and operates a new plastics factory in Ireland, your firm is engaging in
A.
B.
C.
D.
9.  Other things equal, relatively poor countries tend to
A.
B.
C.
D.
10.  The logic behind the catch-up effect is that
A.
B.
C.
D.
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