| economics helps?
my answers for the followings are d,d,b,d
are they right? can any1 check my answers?
1. A country’s standard of living is usually measured as
a. GDP per capita.
b. output per worker.
c. the growth in GDP.
d. output per unit of labor.
2. The essence of the convergence hypothesis can be summarized by noting that countries with the most advanced technology must _____________ while less advanced countries can _______________.
a. import; export
b. invest; save
c. innovate; imitate
d. educate; train
3. Which of the following is not a policy tool to stimulate research and development?
a. reductions in taxes when businesses spend money on R&D
b. monetary policy
c. public/private research collaborations like the human genome project
d. direct government expenditures through agencies like the National Science Foundation
4. Capital formation is another term for
a. innovation.
b. investment expenditures.
c. invention.
d. capital gains. | 
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