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Economies grow for a variety of reasons. Which of the following is not a primary

ID: 1184758 • Letter: E

Question

Economies grow for a variety of reasons. Which of the following is not a primary cause of economic growth? a. growth in the availability of productive resources b. government regulation c. changes in the rules of the game that enhance production d. improvements in the quality of resources The difference between basic and applied research is that a. basic research has less immediate payoff to society than applied research typically does b. basic research occurs in science while applied research occurs in industry c. applied research does not promote resource productivity while basic research does d. basic research does not promote resource productivity while applied research does

Explanation / Answer

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1.a. growth in the availability of productive resources

2.The difference between basic and applied research is that b) b. basic research occurs in science while applied research occurs in industry

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