Economic Growth

10 Questions  I  By Jeffusmc
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Economic Growth
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1.  A nation's standard of living is determined by
A.
B.
C.
D.
2.  Which of the following is generally an opportunity cost of investment in human capital?
A.
B.
C.
D.
3.  Although technological knowledge and human capital are closely related, there is an important difference. A relevant metaphor would be
A.
B.
C.
D.
4.  Which of the following is not correct?
A.
B.
C.
D.
5.  The term "Brain Drain" refers to
A.
B.
C.
D.
6.  Inward-oriented polices
A.
B.
C.
D.
7.  If your American-based firm opens and operates a new plastics factory in Ireland, your firm is engaging in
A.
B.
C.
D.
8.  Which of the following is correct?
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.  Other things equal, relatively poor countries tend to
A.
B.
C.
D.
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