Which of the following is considered a political obstacle to economic growth?
a. Few government subsidies
b. Low foreign investment
c. Lack of entrepreneurial talent
d. Explosive population growth
e. Insecure property rights
e
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The self-correcting tendency of the economy means that falling inflation eventually eliminates:
A. exogenous spending. B. recessionary gaps. C. expansionary gaps. D. unemployment.
A country should export the goods in which it has an absolute advantage
a. True b. False Indicate whether the statement is true or false
A __________ card can store a certain value of money on the card and then be used to make purchases.
a. smart b. debit c. credit d. savings
In the years ahead we can expect the F/M earnings ratio to
a. remain constant. b. continue to increase. c. continue to increase until 2020, when the 'baby boom" generation retires" and then level off. d. decline.