Which of the following is a reason for the slow economic growth in former colonial nations?
a. Inadequate foreign aid
b. A communist system of government
c. Lack of skilled officials
d. Religious extremism
e. High entrepreneurial skills
c
Economics
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The figure above shows an education market in which the government is providing households with vouchers. In total, how much do the schools receive for a student?
A) $4,000 B) $8,000 C) $12,000 D) $16,000 E) $20,000
Economics
In the Golden Rule steady state, the marginal product of capital is equal to the
A) savings rate plus the population growth rate. B) population growth rate plus the depreciation rate. C) depreciation rate plus the savings rate. D) savings rate divided by the marginal product of labor.
Economics