Without a level technological playing field, diminishing marginal returns to human and physical capital deepening are less likely to slow growth in more prosperous countries enough for less prosperous countries to catch up
a. True
b. False
Indicate whether the statement is true or false
True
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What unethical methods might business communicators be tempted to use to make their case stronger?
a. Ignoring "What if?" questions b. Fudging the facts c. Omitting crucial information d. Exaggerating the point e. Gaining attention with a compliment
When tastes are risk loving, a person will always choose a gamble that is riskier over one that is less risky.
Answer the following statement true (T) or false (F)
Nicholas is saving money collected from his paper route in order to purchase a new bicycle. His saving represents using money as
A) a medium of exchange. B) a store of value. C) an unit of account. D) none of the above
A decrease in wealth would cause the IS curve to
A) shift up and to the right. B) shift down and to the left. C) remain unchanged. D) shift up and to the right only if people face borrowing constraints.