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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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1.  If Japanese-owned Honda opens a factory in Ohio,
A.
B.
C.
D.
2.  The logic behind the catch-up effect is that
A.
B.
C.
D.
3.  A rapid increase in the number of workers is likely to
A.
B.
C.
D.
4.  Suppose Ford builds a new car factory in Mexico. Future production from such an investment would
A.
B.
C.
D.
5.  Foreign saving is used for domestic investment when foreigners engage in
A.
B.
C.
D.
6.  Other things equal, relatively poor countries tend to
A.
B.
C.
D.
7.  Inward-oriented polices
A.
B.
C.
D.
8.  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.
9.  Which of the following is generally an opportunity cost of investment in human capital?
A.
B.
C.
D.
10.  Which of the following is not true?
A.
B.
C.
D.
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