Economic growth and public policy
Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama.
This is an example of foreign investment in the United States.
Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply.
Impose restrictions on foreign ownership of domestic capital.
Provide tax breaks and patents for firms that pursue research and development in health and sciences.
Give families cash payments on the condition that their children show up for school and medical exams.
Protect property rights and enforce contracts.
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