The Golden Rule of capital accumulation maximizes the steady-state level of

A) output per worker.
B) capital per worker.
C) consumption per worker.
D) investment per worker.


C

Economics

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Which of the following is a government-inhibited good?

A) tobacco B) red wine C) public education D) cocaine

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According to the equation of exchange, if real Gross Domestic Product (GDP) is $25 billion, the money supply is $10 billion, and the price index equals 2, then the income velocity of money is

A. 5. B. 10. C. 25. D. 50.

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A university requires that all entering first-year students learn how to use word processing and spreadsheet software. This is an investment in what type of capital?

A. human B. tangible C. financial D. productive

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