Which of the Following Will Not Result in Economic Growth

question 1

Multiple Choice

Which of the following will not result in economic growth?

• A)Installing a network of irrigation ditches and pumping stations in order to grow fruits and vegetables in parts of southern California
• B)Cyrus McCormack inventing a threshing machine for harvesting grains
• C)After World War II, the United States instituting the GI bill that provided education subsidies to soldiers being released from service duty
• D)Many citizens emigrating from a nation when a politically repressive regime takes office
• E)The discovery of new oil reserves in Montana

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Definitions:

Rustbucket

A term referring to an old, deteriorating vehicle, especially one suffering from rust and neglect.

Used Cars

Vehicles that have had one or more retail owners before, often sold through various outlets including franchise and independent car dealers.

Productivity

A measure of the efficiency with which goods and services are produced, often quantified as output per unit of input.

Separating Equilibrium

A situation in different types of market participants, each with their own unique characteristics, make distinct choices that reveal their type.