1. Most countries,
cheap zumba dvd, including the United States,
chi flat iron turbo 2, import 2. List the capital inputs necessary to produce each of the
substantial amounts of goods and services from other following:
countries. Yet the chapter says that a nation can enjoy a a. cars
high standard of living only if it can produce a large b. high school educations
quantity of goods and services itself. Can you reconcile c. plane travel
these two facts? d. fruits and vegetables
CHAPTER 24 PRODUCTION AND GROWTH 551
3. U.S. income per person today is roughly eight times Do you think a country can "over-invest" in human
what it was a century ago. Many other countries have capital? Explain.
also experienced significant growth over that period. 8. Suppose that an auto company owned entirely by