Question
The East-Asian economic growth miracle was characterized by: A.Technological progress B.High savings rate C.Investment in human capital D.All of the above According to Daren Acemoglu,
The East-Asian economic growth miracle was characterized by:
- A.Technological progress
- B.High savings rate
- C.Investment in human capital
- D.All of the above
According to Daren Acemoglu, the "reversal of fortune" of many regions over the last 500 years, shows that the most important deep determinant of economic growth is:
- A.Geography
- B.Institutions
- C.Technology
- D.All of the above
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Principles of Microeconomics
Authors: N. Gregory Mankiw
8th edition
1305971493, 978-1305971493
