Technological change has always been the most critical factor in raising living standards, even going as far back as the development of the
A. steam engine.
B. iPod.
C. fluorescent light.
D. bicycle.
Answer: A
Economics
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Japan has a fairly high saving rate and the level of saving in Japan is above domestic investment. Use the saving and investment equation to explain what Japan is doing with this excess of saving above domestic investment
What will be an ideal response?
Economics
Deflation is a decline in the price level.
Answer the following statement true (T) or false (F)
Economics
An unexpected fall in New Home Sales should send bond prices __________ and stock prices __________
A) up; up B) up; down C) down; up D) down; down
Economics
Explain what happens to the world real interest rate if the government of Panama runs a large government budget deficit
What will be an ideal response?
Economics