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A group of economists argue that the lack of agricultural land is a key reason for the slow economic ...

A group of economists argue that the lack of agricultural land is a key reason for the slow economic growth of Lithasia. According to this argument, ________.

▸ a low level of human capital is the proximate cause of slow economic growth in Lithasia

▸ geography is the proximate cause of slow economic growth in Lithasia

▸ a high level of physical capital is the fundamental cause of slow economic growth in Lithasia

▸ geography is the fundamental cause of slow economic growth in Lithasia

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Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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