Q5. If in the next year, Country A’s investment in new capital increases by an additional $0.90 per labor hour, and the level of technology remains unchanged, GDP per labor hour will increase: A) and the increase will be less than the increase resulting from the previous decade’s $0.90 increase in investment in new capital. B) by the same amount as from the previous decade’s $0.90 increase in investment in new capital. C) and the increase will be greater than the increase resulting from the previous decade’s $0.90 increase in investment in new capital.
Q6. Country B has implemented policies to ensure that an adequate incentive system is in place to foster economic development in the country. Which of the following are the three components necessary for a country to establish such a system? A) Markets, property rights, and monetary exchange. B) Property rights, monetary exchange, and investment in human capital. C) Markets, property rights, and investment in human capital.
. Q7. According to the basic principles of the new growth theory, the government of Country B will succeed in fostering new economic development in their country through: A) a decrease in real interest rates. B) an increase in capital accumulation. C) an increase in labor productivity.
Q8. Which of the following is the most basic precondition to economic growth? A) Property rights. B) An incentive system. C) Markets.
[此贴子已经被作者于2009-1-5 11:07:53编辑过] | 
发表于 2009-1-5 11:07
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