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6. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcy

ID: 3043667 • Letter: 6

Question

6. Economic growth and public policy

Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama.

Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply.

Imposing restrictions on foreign ownership of domestic capital.

Pursuing inward-oriented policies.

Increasing taxes on income from savings.

Providing tax breaks and patents for firms that pursue research and development in health and sciences.

Which of the following are possible outcomes of rapid population growth?

A reduction in human capital per worker

A reduction in capital per worker

An increase in technological knowledge

All of the above

Explanation / Answer

Solution:-

6) option D. Providing tax breaks and patents for firms that pursue research and development in health and sciences.

7) option D. All the above

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