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mahdy43
mahdy43
30.07.2019 • 
Business

The growth rate of zerbia, a small developing country, has fallen close to zero percent in the current year. harry miller and jonathan taylor, who are columnists with a business daily, are discussing suitable fiscal measures to revive economic growth in the country. jonathan feels that the income tax rates in zerbia are too high. lower income tax rates would increase consumer spending and so would promote economic growth. harry, on the other hand, believes that an increase in government expenditure would have a substantial impact on the country's gdp. additionally, he feels that investing in green technology would not only accelerate growth, it is also likely to be more sustainable in the long term. which of the following, if true, would weaken harry's claim that government investment in green technology will revive the economy in the near term? a. zerbia has not ratified the kyoto protocol and therefore is not bound by greenhouse gas emissions targets. b. zerbia is heavily dependent on imported oil to meet its energy requirements. c. some industry experts are of the opinion that the cost of implementing green technology may not be justified by the benefits. d. the green technology industry in this country is highly capital-intensive and dependent on imported machinery. e. the zerbian government had a budget surplus in the last financial year.

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