The main contributor to growth in the HPAE according to empirical research was government industrial policies
Indicate whether the statement is true or false
FALSE
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A ________ describes the possible moves in a game in sequence and lists the payoffs to each possible combination of moves.
A. game graph B. multi-period game C. payoff matrix D. decision tree
With two-part pricing
A) the consumer puts down a deposit and then pays the rest when she picks up the goods purchased. B) the average price paid varies with the number of units purchased. C) the consumer is limited in the number of units that can be purchased. D) consumers are required to buy two units of a good.
The way that economists explain it, the worker is a ________ in the________ market.
A. buyer; job B. seller; labor C. buyer; labor D. seller; job
Having the government issue permits that allow polluting
A. would decrease the levels of pollution. B. is an example of a command-and control regulation. C. would penalize companies that were good at curbing their pollution. D. has been very ineffective in curbing pollution.