Economic Growth Answers

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4

How is Country M planning on encouraging economic growth?

A
by investing in research to develop goods that can be introduced on a global scale
B
by investing in new technologies to produce goods that are in great demand
C
by investing in education to reduce unemployment and increase production
D
by investing in resources that can be traded with other nations
7

How did the goods-producing sector of the US GDP change between 2010 and 2011?

A
It fell by 0.3%.
B
It fell by 2.3%.
C
It rose by 2.3%.
D
It rose by 0.6%.

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Economic Growth Answers — HSA 26-27 Economics