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Question 7 1 pts What are two reasons that explain why modern economic growth happened in Western Europe and not in other parts of the

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Question 7 1 pts What are two reasons that explain why modern economic growth happened in Western Europe and not in other parts of the world? O Low agricultural productivity and protection of intellectual property O High agricultural productivity and patronage of intellectual activities O Because smart and entrepreneurial people were born in Europe. O None of the above Question 8 1 pts What did we learn from development and growth accounting? O That productivity explains most of the income gap between rich and poor countries. O That growth disasters are mostly explained by differences in human capital. O That differences in human capital per person are more important than differences in capital per person. O That differences in productivity and inputs are equally important. Question 9 1 pt If you apply the Solow Model to describe a poverty trap based on population growth, you would only change the shape of the outflows curve O True O False Question 10 1 pts What policy will be effective in solving any of the savings, technology, and population growth poverty traps? O Lowering the population growth rate. Increasing the savings rate. O Increasing productivity. O A big push of foreign aid

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