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caitlynhartzog caitlynhartzog
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5 years ago
According to UNESCO reporting, "Governments in North America and Western Europe invested the highest shares of national resources in education: 5.6 percent of GDP." As a result, we would expect ________, all else held constant.
www.worldometers.info
A) higher economic growth rates in these countries compared to other countries
B) lower economic growth rates in the countries because fewer resources can be devoted to innovation
C) lower research and development spending and lower economic growth unless the governments can raise taxes
D) lower saving rates and slower economic growth
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Macroeconomics

Macroeconomics


Edition: 12th
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TheMoffattManTheMoffattMan
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Brilliant ツ
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Just got PERFECT on my quiz
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