The neoclassical growth model argues that the only way to increase growth in the long-run is
a. increase savings rates.
b. reduce depreciation rates.
c. reduce population growth.
d. increase technology growth.
D
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The group comprising the highest percentage of the poor is
A. the disabled. B. elderly. C. male heads of households. D. children.
Which of the following is NOT a true statement?
A) India can easily relocate workers from the country to the city. B) India would raise income faster if it moved workers from agriculture to manufacturing. C) High agricultural tariffs in India protect rural workers. D) India has low tariffs in manufacturing.
The major goal of social regulation is
A. to make sure that prices are kept low enough so that every person can purchase the good. B. to make sure that the firm produces at the socially optimal point of production. C. to make sure that firms are not earning monopoly profits. D. a better quality of life through a less polluted environment, better working conditions, and safer and better products.
The law passed by Congress in 1914 that was designed to sharpen or define further the vagueness of the Sherman Act is called
A. the Robinson-Patman Act. B. the Wheeler-Lea Act. C. the Federal Trade Commission Act. D. the Clayton Act.