It is believed that the relatively high rate of labor force growth in the developing countries does not translate into a high rate of economic growth because:
a. workers in developing countries have excess capital.
b. workers in developing countries are not motivated enough.
c. workers in developing countries do not have the natural resources needed for production.
d. workers in developing countries have very little capital.
e. the high birth rate is more than offset by an enormous mortality rate.
d
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Opponents of rule-determined policies might point out that ________
A) markets self-correct quickly so rules become obsolete B) unforeseen changes in the structure of the economy may make a rule obsolete C) policies that kick in at the wrong time may lead to undesirable results D) all of the above E) none of the above
Land ownership or land tenure in colonial America was primarily acquired by settlers through
(a) purchase and the legal transfer of deeds from Native Americans. (b) the King granting property to favored individuals in feudal-like fashions. (c) "squatting" or freely settling and cultivating the land to gain private ownership over land. (d) purchase or otherwise legal transfer of deeds from colonial officials who received their rights to the land from the king of England.