Which of the following will not lead to economic growth?
A) increased immigration
B) restrictions on international trade
C) introduction of faster computers
D) opening all federal lands to mining
Ans: B) restrictions on international trade
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Public choice theory assumes that government makes optimal policies to respond to the shortcomings of private markets
a. True b. False
The optimal number of workers hired by a firm in a competitive labor market is determined by the quantity of labor associated with the following equation:
a. P = MRP b. MPP = MRP c. MRP = w d. P = w e. TLC = w
If average movie attendance is 250 million when prices are $9 a ticket and 200 million when prices are $11 a ticket, the elasticity of demand for movie tickets is about:
A. 1.1. B. 0.0. C. 1.8. D. 0.9.
What lessons did Mexico's policy makers learn from the 1980s debt crisis? What reforms did President Salinas pursue? What were his main goals?
What will be an ideal response?