Macroeconomics Word Scramble
|
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
| Question | Answer |
| What is productivity based on? | Technology, Labor, Capital, Human Capital, and Natural Resources |
| What is society's understanding of the best ways to produce goods and services? | Technological Knowledge |
| What are the knowledge and skills that workers acquire through education, training, and experience? | Human Capital |
| What are the inputs into the production of goods and services that are provided by nature, such as land, rivers, and mineral deposits? | Natural Resources |
| What is the stock of equipment and structures that are used to produce goods and services? | Physical Capital |
| What policies change productivity? | Savings/investments, Education, Investment from Abroad, Research and Development, and Free Trade. |
| What is the property whereby countries that start off poor tend to grow more rapidly than countries that start out rich? | The Catch-up effect |
Created by:
beckster3000
Popular Economics sets