Economic growth can result from a(n):
A. decrease in the number of workers available.
B. increase in number of the minimum wage jobs.
C. increase in the amount of productive resources.
D. increase in the amount of consumer goods produced.
Answer: C
You might also like to view...
Should the IMF be abolished? Discuss
What will be an ideal response?
Entrepreneurs are important to market economies because
A) they engage in risk taking and innovation. B) they make up a large portion of low-skilled labor. C) they take few risks and thereby, suffer fewer bankruptcies. D) they represent the bulk of employment at large corporations.
Macroeconomics studies economywide issues like inflation and unemployment
a. True b. False Indicate whether the statement is true or false
Colleges do not engage in price discrimination because it is illegal.
Answer the following statement true (T) or false (F)