In the textbook model of endogenous growth, the production function is modeled as
A) Y = AK.
B) Y = C + I + G + NX.
C) Y = X.
D) Y = S - I.
A
Economics
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The legal system is an example of:
A. human capital. B. social capital. C. entrepreneurial capital. D. physical capital.
Economics
If, for a given disposable income level, the disposable income line lies below the consumption curve, saving:
A. equals consumption. B. equals disposable income. C. is less than zero. D. is greater than zero.
Economics
The total of all past government borrowing, minus government budget surpluses, is called the
A. fiscal cost. B. national cost. C. net debt load. D. public debt.
Economics
CO2 emissions are a
A. Problem for rich nations only. B. Global externality. C. Global private cost. D. Problem for poor nations only.
Economics