Chapter 13 Why Do Economies Grow?

Question
21) Which of the aftercited creates difficulties in making comparisons of genuine GDP opposing communitys?

A) Each community has a contrariant population.

B) Communitys yield contrariant commodities and services.

C) Relative prices be-unlike sharply opposing countries.

D) Communitys frequently accept contrariant languages.

22) In making complimentary comparisons of GDP opposing countries, it is leading to choose be-unlikeences in ________ into totality.

A) population size

B) the mean date of the population

C) parentage size

D) integral of the above

23) Contributence refers to failure the hiatus in ________ among scantyer countries and abundanter countries.

A) genuine GDP

B) genuine GDP per capita

C) the development trounce in genuine GDP

D) the development trounce in genuine GDP per capita

24) A comparison of the mean development trounces opposing duration control open communitys indicates that

A) communitys with inferior flattens of proceeds increase further reluctantly than those with surpassing flattens of proceeds.

B) communitys with inferior flattens of proceeds get never be as abundant as communitys with violent flattens of proceeds.

C) communitys with violent flattens of proceeds habit a uniformly increasing development trounce.

D) communitys with inferior flattens of proceeds increase further at-once than those with surpassing flattens of proceeds.

25) Communitys with reduced flattens of GDP per capita may contribute to abundanter communitys if

A) communitys with violent flattens of proceeds habit a uniformly increasing development trounce.

B) communitys with inferior flattens of proceeds increase further at-once than those with surpassing flattens of proceeds.

C) communitys with inferior flattens of proceeds squander close on siege.

D) communitys with inferior flattens of proceeds increase further reluctantly than those with surpassing flattens of proceeds.

26) If a community with a reduced flatten of GDP per capita contributes to a abundanter community, the scanty community

A) habits reduced development trounces.

B) enters into a unimpeded exchange obligation with the abundanter community.

C) habits a trounce of violent development such that its GDP per capita increases to that of the abundanter community.

D) habits a trounce of reduced development such that its GDP per capita increases to that of the abundanter community.

27) Most economists prize that contributence of GDP per capita ________ among open communitys and ________ among developing and open communitys.

A) has occurred; has occurred

B) has referable occurred; has occurred

C) has occurred; has referable occurred

D) has referable occurred; has referable occurred

28) Technological way is individual of the arrangements by which economies can increase.

29) Capital deepening is the barely arrangement by which economies can increase.

30) The genuine GDP per capita integralows economic comparison among countries.

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