Which of the following is NOT statistically correlated with higher economic growth rates?
A) higher rates of private investment spending
B) higher rates of government investment spending
C) greater political stability
D) higher fertility rates
E) higher school enrollment rates
D
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In the loanable funds market, what variable changes to eliminate a shortage of loanable funds and how is the shortage eliminated?
What will be an ideal response?
In the coordination failure model, how is a particular equilibrium attained?
A) The Federal Reserve picks it. B) It depends on total factor productivity shocks. C) It depends on money supply shocks. D) because people expect it to be the equilibrium.
A minimum wage law is a:
A. price ceiling. B. price floor. C. customary norm without legal structure or protection. D. quantity restriction.
Recall the Application about the marginal cost involved in producing crude oil to answer the following question(s).Recall the Application. Which country has the highest marginal cost of extracting oil?
A. Saudi Arabia B. Russia C. United Arab Emirates D. Canada