Exports have tended to grow fastest in countries with more liberal trade regimes, and these countries have experienced the fastest growth of GDP. All rights reserved. have less leisure time for sport and artistic activities.Countries that have experienced modern economic growth have also tended to move toward more democratic forms of government.
restrict women and minorities from holding certain economic and political positions.
Per capita GDP was about:Given the annual rate of economic growth, the “rule of 70” allows one to:calculate the number of years required for real GDP to double.The number of years required for real GDP to double can be found by:At an annual growth rate of 7 percent, real GDP will double in about:If a nation’s real GDP is growing by 5 percent per year, its real GDP will double in approximately:If the economy’s real GDP doubles in 18 years, we can:conclude that its average annual rate of growth is about 4 percentBetween 1950 and 2009, U.S. real GDP grew at an average annual rate of about:Between 1950 and 2009, U.S. real GDP per capita grew at an average annual rate of about:Real Per Capita GDP in the United States in 2009 was approximately:Under what circumstances do rates of economic growth understate the growth of economic well-being?Which of the following statements is most accurate about modern economic growth?Modern economic growth is characterized by sustained and ongoing increases in living standards.Countries that have experienced modern economic growth have also tended to:The Industrial Revolution and modern economic growth resulted in:Economic historians date the start of the Industrial Revolution around the year 1776, when James Watt:invented and built a more powerful and efficient steam enginewas much more equal across nations in 1820 than it is today.Which of the following economic regions has experienced the least growth in real GDP per capita since 1820?Which of the following economic regions has experienced the most growth in real GDP per capita since 1820?Which of the following statements is most accurate about the prospects for poorer (“follower”) countries catching up with richer (“leader”) countries?Catching up is possible as “follower countries” tend to grow faster than “leader countries.”As of 1998, living standards in the United States were nearly ______ times higher than those in Africa.tend to exceed those in leader countries because followers can cheaply adopt the new technologies that leaders developed at relatively high costs.Real GDP per capita in the United States (as of 2007) exceeds that of France primarily because:the United States has a higher percentage of the working-age population in the labor force and because U.S. employees average about 20 percent more hours worked per year.Based on the annual number of hours worked per capita, labor supply in the United States exceeds that of France by about _______ percent.Strong property rights are important for modern economic growth because:people are more likely to invest if they don’t fear that others can take their returns on investment without compensationWhich of the following institutional structures is most likely to promote growth?Which of the following institutional arrangements is most likely to promote growth?encourages growth by allowing producers to make profitable investment decisions based on market signals.encourages growth by promoting the rapid spread of new inventions and innovationsRefer to the above list.
(Consider This) The main point of the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo is that over several decades differing:economic growth rates create large differences in real GDP per capitaConsider This) According to the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo, small differences in __________ make for large differences in _________ over several decades, assuming the same growth of population for each country. B. restrict women and minorities from holding certain economic and political positions.
C. Growth of production capacity is shown by the:Refer to the above graph. ing capacity have experienced most of the negative impacts on growth associated with defense.
User: Which one of these is a good ...WINDOWPANE is the live-streaming social network that turns your phone into a live broadcast camera for streaming to friends, family, followers, or everyone. We could conclude that this economy’s:Refer to the above graph. We could conclude that this economy’s:Suppose that an economy’s labor productivity fell by 3 percent and its total worker-hours remained constant between year 1 and year 2. (Last Word) Which of the following problems has not accompanied China’s rapid economic growth over the past twenty-five years?
Countries that have experienced modern economic growth have also tended to: move toward more democratic forms of government. 1.1 General considerations of the defense! Modern economic growth has been slow to spread from its British birthplace. B. Which of the following economic regions has experienced the most growth in real GDP per capita since 1820? (Consider This) The Consider This box on patents and innovation demonstrates that:Patent protection for U.S. companies may not be as effective when other countries do not(Consider This) Over the past several decades, the percentage of women in the paid U.S. workforce has:increased due to higher wages, expanded job accessibility, changing preferences and attitudes, and other factors.
move toward more democratic forms of government.
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Countries that have experienced modern economic growth have also tended to