Which of the Following Is NOT a Contributing Factor into Why

question 26

Multiple Choice

Which of the following is NOT a contributing factor into why the high-growth Asian economies were able to rapidly accumulate physical and human capital?

• A)A stable macroeconomic environment meant low inflation.
• B)Loans from multilateral institutions such as the IMF, the World Bank, and regional development banks.
• C)The demographic transition meant that the proportion of their population working was higher.
• D)A rapid rise in income made greater amounts of savings possible.