Which of the following is NOT a reason why middle-income countries in the east have experienced rapid growth rates? Group of answer choices The countries developed abundant new technologies which drove growth These countries had a strong policy structure that supported human capital investments These countries encouraged participation in the world markets These countries accrued larger savings and invested it domestically
Which of the following is NOT a reason why middle-income countries in the east have experienced rapid growth rates? Group of answer choices The countries developed abundant new technologies which drove growth These countries had a strong policy structure that supported human capital investments These countries encouraged participation in the world markets These countries accrued larger savings and invested it domestically
Chapter16: Economic Growth
Section: Chapter Questions
Problem 3E
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Question
Which of the following is NOT a reason why middle-income countries in the east have experienced rapid growth rates?
Group of answer choices
The countries developed abundant new technologies which drove growth
These countries had a strong policy structure that supported human capital investments
These countries encouraged participation in the world markets
These countries accrued larger savings and invested it domestically
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