Roughly half of the gap between South Korea's growth rate and the U.S. growth rate between 2000 and 2010 can be attributed to (a) high rates of investment. (b) increases in human capital. (c) changes in fertility rates. (d) the catch-up effect. (e) all of the above. 2. Tunneling always involves (a) minority owners receiving large dividend payments. (b) owners receiving a share of firm profit proportional to the share of equity held. (c) overlapping boards of directors. (d) a tight connection between government and industry. (e) none of the above. 3. The South China Morning Post reported that in December 2018 during a speech to mark the 40th anniversary of China's economic reforms and opening up, President Xi Jinping claimed that China "contributed more than 30 per cent towards total global economic growth." This remark (a) is true. (b) is false. (c) was true at one time but now is false. (d) is not possible to validate. 4. According to the Conference Board Total Economy Database, which area had the fastest average annual productivity between 1950 and 2018? (a) Taiwan (b) Hong Kong (c) South Korea (d) Japan (e) Singapore