Economic Growth

10 Questions  I  By Jeffusmc
Economic Growth
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1.  Which of the following is an example of a nonrenewable resource?
A.
B.
C.
D.
2.  A nation’s standard of living is measured by its
A.
B.
C.
D.
3.  Which of the following is not correct?
A.
B.
C.
D.
4.  The term "Brain Drain" refers to
A.
B.
C.
D.
5.  A rapid increase in the number of workers is likely to
A.
B.
C.
D.
6.  Which of the following is correct?
A.
B.
C.
D.
7.  Although technological knowledge and human capital are closely related, there is an important difference. A relevant metaphor would be
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.  Suppose Ford builds a new car factory in Mexico. Future production from such an investment would
A.
B.
C.
D.
10.  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.
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