All else equal,which of the following would tend to cause real GDP per person to rise?
A)a change from outward-oriented policies to inward-oriented policies
B)an increase in investment in human capital
C)a weakening of property rights
D)All of the above are correct.

Question

Quizplus · Accepted Answer

An increase in investment in human capital, such as education and training, can lead to an improvement in the productivity of workers and increase in real GDP per person. A change from outward-oriented policies to inward-oriented policies or weakening of property rights can have negative impacts on economic growth and hence, cause real GDP per person to fall. Therefore, option A and C are incorrect.

All Else Equal,which of the Following Would Tend to Cause