On the Basis of Theory and Empirical Evidence,economists Have Reached

question 122

Multiple Choice

On the basis of theory and empirical evidence,economists have reached several conclusions about economic growth.Which of the following is not one of these conclusions?

• A)A relatively simple way to increase growth rates permanently is to increase a country's saving rate.
• B)Growth is generally inhibited rather than promoted by policies like protective tariffs.
• C)Well-established property rights that are enforced by fair and efficient courts are important to economic growth.
• D)Countries with few domestic natural resources still have opportunities for economic growth.

---

Definitions:

Conflict

A serious disagreement or argument, typically a protracted one, which can occur between individuals, groups, or nations.

Social Groups

Collections of individuals who interact with each other based on shared interests, beliefs, or identities, forming a recognizable structure within society.

Mechanical Solidarity

Social cohesion and integration that arises when individuals in a society maintain similar values, beliefs, and norms, often found in traditional, agrarian societies.

Traditional Societies

Societies that closely adhere to long-established cultural practices, norms, and values.