Modem economic growth refers to the idea of experiencing:
A) an increase in population at the same rate as the increase in output.
B)an increase in population at a faster rate than an increase in output.
C)an increase in output per person as compared to an increase in output.
D)an increase in output as compared to an increase in output per person
C)an increase in output per person as compared to an increase in output.
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The graph shows the market for rental housing in Little Rock. The market for apartments is efficient when
A) the quantity of apartments demanded is 12,000 a month. B) the rent ceiling is set at $300 a month. C) there is no rent ceiling. D) the quantity of apartments supplied is 6,000 a month. E) the rent charged is less than $450.
The types of loans the Fed makes consist of each of the following, except:
A. seasonal credit. B. primary credit. C. secondary credit. D. conditional credit.
An orthodox model calls for cutting government spending, reforming the tax system to increase compliance and revenues, and limiting the creation of new money
Indicate whether the statement is true or false
A patent is
A. the monopoly right given to a producer/company. B. a bond issued by the government. C. an agreement between a union and management on certain labor issues. D. a bond issued by a state.