Marcroeconomics question help

Jul 6th, 2015
Price: $10 USD

Question description

Growing/shifting the production possibility curve to the right, and growing your economy. There are four methods of doing this: 300words

  1. Increase the quantity of your resources
  2. Invest in technology and increase the quality of your resources
  3. Sacrifice consumer goods to produce more capital goods
  4. Specialization and trade.

You can go to the web site as well as the other web sites listed on the Data and Institutions lecture page and look up the growth rates for the United States, China, and India.

Of the four methods for growing an economy, which one or ones do you feel are responsible for the growth of the U.S. China and India?

Tutor Answer

(Top Tutor) edwinExpert
School: Rice University

Studypool has helped 1,244,100 students

Review from student
" The best tutor out there!!!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1819 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors