Economic Growth

10 Questions  I  By Jeffusmc
Economic Growth
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1.  Which of the following is generally an opportunity cost of investment in human capital?
A.
B.
C.
D.
2.  If your American-based firm opens and operates a new plastics factory in Ireland, your firm is engaging in
A.
B.
C.
D.
3.  Which of the following is not true?
A.
B.
C.
D.
4.  The term "Brain Drain" refers to
A.
B.
C.
D.
5.  Once one person discovers an idea, the idea generally enters society's pool of knowledge, which many other people can use. Therefore, knowledge is generally a
A.
B.
C.
D.
6.  Which of the following is correct?
A.
B.
C.
D.
7.  A rapid increase in the number of workers is likely to
A.
B.
C.
D.
8.  Suppose Ford builds a new car factory in Mexico. Future production from such an investment would
A.
B.
C.
D.
9.  Which of the following is an example of a nonrenewable resource?
A.
B.
C.
D.
10.  A nation's standard of living is determined by
A.
B.
C.
D.
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