According to Edward Denison, during the 1929 and 1982 period, capital formation
a. was responsible for 25 percent of U.S. economic growth.
b. amounted to 19 percent of U.S. economic growth.
c. was considered the smallest source of U.S. economic growth.
d. was the most important source of U.S. economic growth.
B
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People came to accept fiat money because they believed that others would accept it as well
a. True b. False Indicate whether the statement is true or false
Which of the following is true along the demand curve for labor?
a. The marginal cost of labor is constant. b. The wage rate is constant. c. The total cost of production is constant. d. The quantity of labor demanded is constant. e. The prices of all other inputs are constant.
Nicholas does not possess marketable job skills; therefore, he is
A) frictionally unemployed. B) structurally unemployed. C) cyclically unemployed. D) seasonally unemployed.
When using expert opinion, consumer surveys, test marketing, and price experiments to analyze consumer behavior, managers must consider whether the answers given in these formats represent actual market behavior
Indicate whether the statement is true or false