According to the Text, All of the Following Are Possible
According to the text, all of the following are possible causes of recent secular stagnation among advanced countries EXCEPT
A) increases in trade barriers such as tariffs.
B) low growth of productivity growth.
C) reduced payoffs from human capital investments.
D) increased governmental and regulatory policies.
Which of the following has most likely occurred across advanced countries since 2000?
A) high population growth
B) reduced international trade flows with other countries
C) a slowdown in productivity growth
D) drastic increases in government spending on human capital and physical capital
According to the text, the term "Eurosclerosis" refers to
A) stagnant economic growth in Europe.
B) the cumulative effects of high productivity growth in Europe.
C) the differing views about the growth rates of European countries.
D) a long period of higher growth rates among European countries than the growth rates of the United rates.
In which of the following periods did nations of the European Union experience the highest average annual rate of growth of per capita real Gross Domestic Product (GDP)?