Neoclassical growth theory predicts that China's economic growth rate will ________
A) decrease when the interest rate increases
B) continue at around 10 percent a year
C) always remain above the U.S. economic growth rate
D) eventually converge to the U.S. economic growth rate
D
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The Clayton Act prohibits "all contracts, combinations and conspiracies in restraint of trade."
a. True b. False Indicate whether the statement is true or false
Suppose the U.S. dollar weakens against the euro and other major currencies. We know with certainty that this weakening of the dollar will cause which of the following to occur?
A. a deflationary gap B. a recessionary gap C. an inflationary gap D. none of these
In order to exercise control over the price of its product, a firm must be able to ________ competition.
A. not change B. maximize C. increase D. limit
The 2017 price level in Japan was relatively lower than the price level in the United States. Thus, a U.S. manufacturing facility looking to buy aluminum for its plant would most likely buy aluminum from Japan.
Answer the following statement true (T) or false (F)