Question
1. For each of the following separate scenarios, determine the associated factor of economic growth. A. The government promotes tree planting (Technology, Institutions, Human Capital,
1. For each of the following separate scenarios, determine the associated factor of economic growth.
A. The government promotes tree planting (Technology, Institutions, Human Capital, Physical capital, natural resources). B. Firms can borrow money from the government at a low interest rate for developing new production methods The government promotes tree planting (Technology, Institutions, Human Capital, Physical capital, natural resources).
C. Students can receive financial aid for taking classes at community colleges (Technology, Institutions, Human Capital, Physical capital, natural resources). D. People are encouraged to eat healthy and exercise regularly (Technology, Institutions, Human Capital, Physical capital, natural resources). E. The government makes it easier for farmers to borrow money for buying farming equipment (Technology, Institutions, Human Capital, Physical capital, natural resources). F. The government reduces tariffs to promote international trade (Technology, Institutions, Human Capital, Physical capital, natural resources). G. Firms are fined for polluting an ocean (Technology, Institutions, Human Capital, Physical capital, natural resources). H. The government implements some infrastructure projects (Technology, Institutions, Human Capital, Physical capital, natural resources).
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started