Explain how each of the following can be obstacles to the growth of income per capita in

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Explain how each of the following can be obstacles to the growth of income per capita in the DVCs: lack of natural resources, large populations, low labor productivity, poor infrastructure, and capital flight.

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Microeconomics Principles, Problems and Policies

ISBN: 978-1259450242

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

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Question Posted: Apr 24, 2018 01:46 AM

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Explain how each of the following can be obstacles to the growth of income per capita in

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A weak resource base can be a serious obstacle to growth Real capital can be accumulated and the qua...View the full answer

Microeconomics Principles, Problems and Policies

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