Economic Growth

10 Questions  I  By Jeffusmc on February 26, 2010
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1.  Suppose Ford builds a new car factory in Mexico. Future production from such an investment would
A.
B.
C.
D.
2.  A rapid increase in the number of workers is likely to
A.
B.
C.
D.
3.  Both Tom and Jerry work eight hours a day. Tom can produce six baskets of goods per hour while Jerry can produce just four baskets of the same goods per hour. It follows that Tom’s
A.
B.
C.
D.
4.  Which of the following is not true?
A.
B.
C.
D.
5.  Which of the following is correct?
A.
B.
C.
D.
6.  Although technological knowledge and human capital are closely related, there is an important difference. A relevant metaphor would be
A.
B.
C.
D.
7.  Foreign saving is used for domestic investment when foreigners engage in
A.
B.
C.
D.
8.  Other things equal, relatively poor countries tend to
A.
B.
C.
D.
9.  If your American-based firm opens and operates a new plastics factory in Ireland, your firm is engaging in
A.
B.
C.
D.
10.  The term "Brain Drain" refers to
A.
B.
C.
D.
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