If a Nation Is Going to Achieve and Sustain a High

question 62

Multiple Choice

If a nation is going to achieve and sustain a high rate of economic growth, it must

• A) prohibit low-wage foreign producers from supplying goods to the domestic market.
• B) have an abundant domestic supply of low cost energy resources.
• C) have a mechanism capable of attracting savings and channeling them into wealth-creating projects.
• D) impose regulations that will limit the intensity of competition among domestic firms.