The growth rates of capital, workforce skills and technology are higher in rich countries

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 

A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C

Economics

If the federal government replaced the current income tax with a value-added tax

A) the prices of Treasury and municipal bonds would rise. B) the prices of Treasury and municipal bonds would fall. C) the prices of Treasury bonds would rise, while the prices of municipal bonds would fall. D) the prices of Treasury bonds would fall, while the prices of municipal bonds would rise.

Economics

High interest rates

A. increase the profitability of capital investments. B. decrease the opportunity costs of capital investments. C. increase the opportunity costs of capital investments. D. decrease the profitability of current sales.

Economics

The Clean Air Acts of 1970 and 1990 reduced pollution through

A. Privatization. B. Emission charges. C. Market incentives. D. Command-and-control regulatory standards.

Economics