Neoclassical growth theory predicts that
A) population growth rates slow as employment opportunities for women increase.
B) population explosions decrease real GDP per person.
C) economic growth leads to technological change.
D) the pursuit of profit creates perpetual growth.
A
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For a perfectly competitive firm, profit is maximized at the output level where i. total revenue exceeds total cost by the largest amount. ii. marginal revenue equals marginal cost. iii. price equals marginal cost
A) i only B) ii only C) ii and iii D) i and ii E) i, ii, and iii
Which of the following is not counted as income when the official poverty rate is calculated?
a. Medicaid benefits b. dividends derived from the ownership of stock c. earnings derived from a part-time job d. money income derived from transfer payments
In the United States, a typical worker's income peaks around age
a. 70. b. 60. c. 50. d. 40.
What are the requirements to become a police officer? Do you believe they are reasonable?
What will be an ideal response?