Which of the following statements is incorrect? a. One of the most important determinants of economic growth
Question:
Which of the following statements is incorrect?
a. One of the most important determinants of economic growth is a nation’s saving rate.
b. Injections of foreign capital from abroad may contribute to a nation’s economic growth.
c. Economic growth depends on the quality and type of investments made.
d. Economic growth rates tend to be lower in countries where property rights are better enforced by government.
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