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Economic Growth

10 Questions  I  By Jeffusmc
Economic Growth
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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Question Excerpt

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1.  Other things equal, relatively poor countries tend to
A.
B.
C.
D.
2.  Which of the following is not true?
A.
B.
C.
D.
3.  A rapid increase in the number of workers is likely to
A.
B.
C.
D.
4.  A nation’s standard of living is measured by its
A.
B.
C.
D.
5.  Which of the following is generally an opportunity cost of investment in human capital?
A.
B.
C.
D.
6.  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.
7.  Suppose Ford builds a new car factory in Mexico. Future production from such an investment would
A.
B.
C.
D.
8.  Foreign saving is used for domestic investment when foreigners engage in
A.
B.
C.
D.
9.  Which of the following is not correct?
A.
B.
C.
D.
10.  Which of the following is correct?
A.
B.
C.
D.
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