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Which of the following is not a reason why China is unlikely to maintain high enough rates of ...

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Which of the following is not a reason why China is unlikely to maintain high enough rates of ...

Which of the following is not a reason why China is unlikely to maintain high enough rates of productivity growth to catch up with the standard of living in the United States?
A) The United States invests more in research and development than does China.
B) Much of China's growth is likely due to the transition from a centrally-planned economy to a market economy.
C) Because of the low birth rate in China, the labor force will soon decline.
D) The Chinese migration of rural workers to more productive urban jobs.

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InMacro

Edition: 1^st

Authors: Hubbard, O'Brien

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Chris R.

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More solutions for this book are available here

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