An Increase in the Rate of Economic Growth Curve Could

question 28

Multiple Choice

An increase in the rate of economic growth curve could be caused by all of the following except

• A)a national tax that encourages all employers to provide more training and education for employees which leads to an across-the-board upgrade of the skill level of the nation's workforce.
• B)a movement along the production possibilities curve so that the society produces more consumer goods and less capital goods.
• C)an increase in immigration that increases the country's labor force by 20 percent.
• D)an increase in research and development spending for space technology that improves the quality of the nation's capital stock.

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Definitions:

Mobility

The ability to move or be moved freely and easily, often discussed in terms of social mobility (changes in social status) and geographic or physical mobility.

Athletic Ability

Refers to the physical skills and capabilities that enable individuals to perform well in sports and physical activities.

Black Americans

A term referring to Americans with ancestry from sub-Saharan Africa.

Ethnicity

A social category characterized by shared culture, language, heritage, religion, or national origin, distinguishing members of one group from others within a society.