A reduction in the tax rate on income earned from past saving would: a. increase incomes over time. b. most directly benefit the poor in the short run. c. decrease the capital stock over time. d. decrease productivity over time.

What is the likely effect of increasing public investment in higher education on a country's long-term economic growth? A. It will lead to a decrease in economic growth due to higher taxes. B. It will have no effect on economic growth. C. It will lead to higher long-term economic growth due to an improved labor force. D. It will initially boost economic growth but lead to a decline in the long run.

The long-run effects of an increase in the saving rate include...? a. a higher level of productivity. b. a higher growth rate of productivity. c. a higher growth rate of income. d. All of the above are correct.

4.1 A ________ provides money that does not need to be repaid. It is intended to promote renewable energy projects and is primarily available to commercial, industrial, utility, are educational institutions. a. Loan b. Incentive c. Grant d. Lease 4.2 In 1838 the photovoltaic  industry was started when Alexandre Edmund Becquerel discovered ______. a. The Becquerel principle b. The photovoltaic effect c. Solar radiation d. Solar irradiance 4.3 A(n) _______ converts DC electricity to AC electricity. a. Converter b. Inventer c. Coupler d. Transformer   4.4 A ______  system collects solar radiation from the sun and converts it directly into DC (direct current) electricity. a. Solar thermal b. Solar architectural c. Photovoltaic d. Radiator

Depreciation a. does not change the amount of capital in the economy. b. is the decrease in the capital stock because of wear and tear. c. is also known as capital consumption. d. Both answers is the decrease in the capital stock because of wear and tear and is also known as capital consumption are correct.

Suppose you spent $100000 to purchase some machinery equipments for your firm, this expenditure will be your a. Physical capital b. Gross investment c. Financial capital d. None

Why did the Great Leap Forward fail? a. Crop failures and poor planning b. Privatization of companies owned by the government c. US tried to enlarge its influence in Asia. d. The strategy deviated drastically from a similar strategy implemented in the Soviet Union.   The demographic dividend has three main effects on economic growth. Which of the following is NOT one of theseeffects?a. mechanical effect c. savings effectb. social effect d. human capital effect