ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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You are watching a speech by the Prime Minister of the Australia on T.V. with your parents. He is explaining a plan for improving the Australian economy. In the speech, he says:“Our economy is too dependent on imports of oil from foreign countries. My plan will focus on using sources of energy we already have here in Australia-including oil, natural gas, wind, and solar power.” The Prime Minister’s plan is based on which of the following conclusions?
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An investment in human capital will increase the country’s gross domestic product (GDP)
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A tariff on oil imported from other countries will double Australia’s oil production
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An investment in capital goods will increase the country’s gross domestic product (GDP)
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The development and use of domestic natural resources will help the Australian economy.
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Explanation:
There is 1 question to complete.