Which of the following is hypothesized to explain the reduction in the rate of technological progress?
A) measurement error
B) the increase in the size of the service sector
C) a reduction in R&D spending
D) all of the above
E) none of the above
D
You might also like to view...
The diagram used to show one player's strategies across the top and the other player's strategies along the left, with the corresponding outcomes in the appropriate boxes is a
a. game matrix. b. flow chart. c. mixed strategy. d. an oligopoly problem.
If a price ceiling on coffee is set above the market-clearing price, then
A) the quantity of coffee demanded will decrease. B) the quantity of coffee supplied will increase. C) the quantity demanded for coffee will increase. D) all of the above will occur. E) none of the above will occur.
One way to measure national debt over time is relative to: a. the cash flow of the banking system
b. the economy's production and income. c. credit sales of consumer durables over a year. d. national home sales in large cities. e. the economy's savings.
2.3 Discretionary Policy
What will be an ideal response?