Reference: Ref 8-1 (Table: GDP Growth) The table shows growth rates for Germany, Japan, and the United States in both the post-WWII periods of 1950-1960 and 1980-1990. Which reason best explains why growth rates in Germany and Japan began to approach U.S. growth rates during the 1980-1990 period?
A) MPK began to slow down.
B) Depreciation began to slow down.
C) The institutions for economic growth began to diminish.
D) All of the answers are correct.
Correct Answer:
Verified
Q29: Which of the following is NOT a
Q30: (Figure: Capital Depreciation) Figure: Capital Depreciation
Q31: If output in an economy is 500,
Q32: In a small country each labor hour
Q33: Over time, capital wears out. The official
Q35: If the depreciation rate is .03 and
Q37: The 2003 Iraqi war destroyed large amounts
Q38: Why will growth in China slow down?
Q95: All else equal, an increase in savings
Q100: All else equal, an increase in savings
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents