Collective action is successful to the extent that it improves the welfare of those who participate in it

a. True b. False


a

Economics

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Refer to Table 2.1. GDP in 2013 is

A) $243.00. B) $267.50. C) $294.00. D) $302.50.

Economics

Suppose y = k1/2, total factor productivity is constant and equal to 1, s = 0.40, and d = 0.10. When the economy reaches the steady state, the capital-labor ratio is ________ of capital per worker

A) $2 B) $4 C) $8 D) $16

Economics

A firm can choose a quantity of output, and the price is then determined by

A. the government. B. the supply schedule. C. consumers’ demand. D. the average cost.

Economics

___________ is the speed and ease of retrieving cash or turning another type of investment into cash

a. Morbidity b. Liquidity c. Asset building d. Lifetime earning credit

Economics