Countries that have a higher degree of economic freedom tend to
a. invest a larger share of their output, but the productivity of that investment is lower than for economies that are less free.
b. invest a smaller share of their output, but the productivity of that investment is higher than for economies that are less free.
c. invest a larger share of their output and the productivity of that investment is higher than for the economies that are less free.
d. invest a smaller share of their output and the productivity of that investment is lower than for economies that are less free.
C
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In developing countries, economists have found ________ correlation between a person's height and the wages he can earn in the farming sector
A) no B) an inverse C) a weak D) a strong
Assume the economy is in short-run equilibrium at a real GDP below its potential real GDP. According to Keynesian theory, which of the following policies should be followed?
a. The Federal Reserve should increase the money supply b. The federal government should increase spending. c. The federal government should do nothing because the economy will self correct to potential real GDP. d. All of the above.
During a boom, the actual rate of unemployment will be
What will be an ideal response?
What has been the recent view of antitrust laws?
What will be an ideal response?