Question :
141.Overextendedperiodsoftime,populationgrowth
a.hasnoeffectonthestandardofliving.
b.hasuncertaineffectsonthestandardofliving.
c.clearlyraisesthestandardofliving.
: 1261763
141.Overextendedperiodsoftime,populationgrowth
a.hasnoeffectonthestandardofliving.
b.hasuncertaineffectsonthestandardofliving.
c.clearlyraisesthestandardofliving.
d.clearlylowersthestandardofliving.
142.Otherthingsthesame,higherpopulationgrowth
a.raisestheamountofphysicalcapitalperworkerandthereissomeevidencethatitraisesthepaceoftechnologicalprogress.
b.raisestheamountofphysicalcapitalperworker,butthereissomeevidencethatitreducesthepaceoftechnologicalprogress.
c.reducestheamountofphysicalcapitalperworker,butthereissomeevidencethatitraisesthepaceoftechnologicalprogress.
d.reducestheamountofphysicalcapitalperworkerandthereissomeevidencethatitreducesthepaceoftechnologicalprogress.
143.Onthebasisoftheoryandempiricalevidence,economistshavereachedseveralconclusionsabouteconomicgrowth.Whichofthefollowingisnotoneoftheseconclusions?
a.Arelativelysimplewaytoincreasegrowthratespermanentlyistoincreaseacountry’ssavingrate.
b.Growthisgenerallyinhibitedratherthanpromotedbypolicieslikeprotectivetariffs.
c.Well-establishedpropertyrightsthatareenforcedbyfairandefficientcourtsareimportanttoeconomicgrowth.
d.Countrieswithfewdomesticnaturalresourcesstillhaveopportunitiesforeconomicgrowth.
144.Whichofthefollowingprovidebenefitstosocietyatlargeandnotjusttotheperson(s)whopursuesit?
a.bothtechnologicalknowledgethatisapublicgoodandeducation
b.technologicalknowledgethatisapublicgood,butnoteducation
c.education,butnottechnologicalknowledgethatisapublicgood
d.neithereducation,nortechnologicalknowledgethatisapublicgood
145.Allelseequal,whichofthefollowingwouldtendtocauserealGDPperpersontorise?
a.achangefromoutward-orientedpoliciestoinward-orientedpolicies
b.anincreaseininvestmentinhumancapital
c.aweakeningofpropertyrights
d.Alloftheabovearecorrect.
146.Allelseequal,whichofthefollowingwouldtendtocauserealGDPperpersontorise?
a.achangefrominward-orientedpoliciestooutward-orientedpolicies
b.anincreaseininvestmentinhumancapital
c.strengtheningofpropertyrights.
d.Alloftheabovearecorrect.
147.Whichofthefollowingstatementsisnotcorrect?
a.Thecatch-upeffectisbasedontheassumptionofdiminishingreturnstocapital.
b.Investmentinpoorcountriesbycitizensofrichcountriesisonewaypoorcountriescanlearnnewtechnologies.
c.Malthusarguedthatcharityandgovernmentaidwasaneffectivewaytoreducepoverty.
d.Peaceandjusticearekeystogrowth.
148.SenatorSmithsaysthatinordertohelppoorcountriesdevelop,theUnitedStatesshould:1.PreventU.S.corporationsfrominvestinginpoorcountriesbecausetheytakeprofitsthatthepoorcountriesshouldhave;2.Notimportgoodsfrompoorcountriesthatusechildlabor;3.Worktopromotepoliticalstabilityinpoorcountries;and4.Reducepoorcountries’relianceonmarketforcesintheireconomies.Howmanyoftheseideasarelikelytohelppoorcountriesgrow?
a.1
b.2
c.3
d.4
149.SenatorNoitallsaysthatinordertohelppoorcountriesdevelop,theUnitedStatesshould:1.EncouragepoorcountriestoallowU.S.andotherforeignfirmstobuildandoperatebusinessesintheircountry;2.ReduceoreliminatesubsidizestoU.S.producerswhenpoorcountrieshaveacomparativeadvantageproducingthosegoodstheU.S.subsidizes;3.Worktopromotepoliticalstabilityinpoorcountries;and4.Reducepoorcountriesrelianceonmarketforcesintheireconomies.Howmanyoftheseideasarelikelytohelppoorcountriesgrow?
a.1
b.2
c.3
d.4
150.Thepresidentofapoorcountryhasannouncedthathewillimplementthefollowingmeasureswhichheclaimsaredesignedtoincreasegrowth:1.Reducecorruptioninthelegalsystem;2.Reducerelianceonmarketforcesbecausetheyallocategoodsandservicesinanunfairmanner;3.Restrictinvestmentindomesticindustriesbyforeignersbecausetheytakesomeoftheprofitsoutofthecountry;4.Encouragetradewithneighboringcountries;and5.IncreasethefractionofGDPdevotedtoconsumption.Howmanyofthesemeasureswillhaveapositiveeffectongrowth?
a.1
b.2
c.3
d.4