The observation that countries with high rates of population growth don't have higher per capita income ________
A) suggests that the Solow model is unrealistic
B) implies that technology doesn't work as well in countries where the population is growing rapidly
C) is not supported by most empirical studies
D) is consistent with the Romer model as applied to the world as a whole
D
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Monetary policy decisions are made by the
A) Federal Open Market Committee. B) Federal Reserve Economic Committee. C) Congress of the United States. D) U.S. Mint. E) Council of Economic Advisors.
Refer to above Table 2-1. What is the level of Gross Domestic Product?
A) 2690 B) 3050 C) 2430 D) 3010
It is difficult to make the concept of need useful because it is difficult to define and compare "needs" among people
a. True b. False Indicate whether the statement is true or false
A price ceiling set above the equilibrium price causes a surplus in the market
a. True b. False Indicate whether the statement is true or false