The most important policy implication of the Classical growth model is that:
A. budget deficits will stimulate economic growth.
B. policies to slow population growth will accelerate economic growth.
C. policies to stimulate saving and investment will stimulate economic growth.
D. policies to stimulate technological development will stimulate economic growth.
Answer: C
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Which of the following will lead to an appreciation of the U.S. dollar against the British pound?
A) an increase in British demand for U.S. imports B) an increase in U.S. demand for British imports C) an increase in British interest rates D) a decrease in British demand for U.S. assets
Which of the following is a basic human need?
a. Transportation b. Healthcare c. Money for gas d. College level education e. Savings
A health maintenance organization where the physicians are salaried employees of the HMO is called:
a. an IPA. b. a network-model HMO. c. a direct-contract HMO. d. a staff-model HMO. e. a group-model HMO
The formula for the elasticity of supply is
A. The percentage change in price divided by the percentage change in quantity supplied. B. The percentage change in quantity supplied divided by the percentage change in income. C. The percentage change in price divided by the percentage change in quantity demanded. D. The percentage change in quantity supplied divided by the percentage change in price.