Growth in the Solow residual was fastest in the
A) 1950s.
B) 1960s.
C) 1970s.
D) 1980s.
B
You might also like to view...
Refer to the figure below. If both firms offer reduced rates, each earns ________, and if both firms keep their rates high, each earns ________.
A. 500; 300 B. 300; 500 C. 300; 50 D. 50; 300
According to Hughes and Cain (2011), taxation can be a form of forcible seizure of property, under certain circumstances
Indicate whether the statement is true or false
When public choice economists look at labor markets, they:
A. see individuals lobbying politicians to protect their monopolies. B. generally see supply and demand forces leading to equilibrium. C. capture the same aspects of reality that are captured by other economists. D. focus on the tensions among social classes and generally see exploitation of workers by capitalists.
Which of the following decreases in labor demand is due to a change in the price of a related resource?
A. A decline in the demand for computers in Europe reduces the demand for workers in the domestic computer industry B. The rise of hair salons for both men and women reduces the demand for barbers C. A decrease in the educational skills of manufacturing workers decreases the demand for such workers D. An increase in the price of chemical equipment increases the cost of producing fertilizer, thus decreasing the demand for workers who make fertilizer