What is the growth rate of multifactor productivity if b = 0.20, k = 3, n = 1, and y = 4?
A) 1.0
B) 0.4
C) 2.4
D) 2.8
D
Economics
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A depression is
A) the period of time following a peak in the business cycle. B) a sustained economic upturn. C) another word for a bull market. D) a severe recession.
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Explain the changes that would cause the dynamic aggregate demand curve to shift.
What will be an ideal response?
Economics
A good that is excludable but not rival is known as a club good
a. True b. False Indicate whether the statement is true or false
Economics
If an individual receives in-kind transfers from the government in the form of food stamps, public housing, and so on, his money income is
A) less than his total income. B) greater than his total income. C) the same as his total income. D) equal to his in-kind income plus his wages.
Economics