Which of the Following Is True About Economic Growth

question 53

Multiple Choice

Which of the following is true about economic growth?

• A) The United States is rich because it has democratic political institutions.
• B) Economic growth is primarily the result of gains from trade, discovery of better ways of doing things, and capital investment.
• C) Without foreign aid, poor countries are unable to break the cycle of poverty, low savings and investment, and economic stagnation.
• D) Most all countries with an abundance of natural resources have been able to achieve rapid growth and high levels of per capita income.

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Account Representatives

Professionals responsible for managing and maintaining relationships between a company and its clients, often dealing with sales and customer service.

Redundant Expression

The use of words or phrases that repeat the same meaning unnecessarily.

Grammatical Mistake

An error in the usage of language rules that affects the correctness of speech or writing.

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A mistake made during the process of reviewing and correcting written material before it is finalized or published.