Which of the following is correct?
a. If developing countries limit career and educational opportunities for women, birth rates are likely to be lower.
b. Growth rates in developed and developing countries are nearly the same.
c. Historically, in periods where the rate of population growth was high, so was the rate of growth in world real GDP per person.
d. None of the above is correct.
c
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If MC equals MR at a point greater than ATC, the perfectly competitive firm will
a. sustain a loss. b. shut down. c. make an economic profit. d. expand output.
Capital flows between countries are smaller than in past decades in absolute terms
Indicate whether the statement is true or false
Attempts by a central bank to increase bank deposits without a decrease in nominal short-term interest rates are referred to as ________
A) quantitative easing B) credit channeling C) open market operations D) liquidity provision
Labor productivity increases when
A) the average number of hours people work goes up. B) the unemployment rate decreases. C) the average output produced per worker during a specified time period increases. D) the average output produced per worker during a specified time period decreases.