Labor productivity can be increased with
A. education and training of the workforce.
B. improvements in management.
C. an increase in capital goods used.
D. all of these
Answer: D
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Which of the following statements correctly characterizes changes in farming and agriculture land during the period between 1870 and 1900?
a. The number of farms rose, but the number of acres under cultivation fell. b. The number of farms fell, but the number of acres under cultivation rose. c. The number of farms, as well as the number of acres under cultivation rose. d. The number of farms, as well as the number of acres under cultivation fell.
As the investment demand curve becomes steeper, the crowding-out effect will become smaller
a. True b. False Indicate whether the statement is true or false
The existence of positive externalities indicates that price is too low
Indicate whether the statement is true or false
Given the information in Figure 9.7, dissaving would occur at all income levels below
A. $300 billion per year. B. $200 billion per year. C. $150 billion per year. D. $100 billion per year.