From 1996 to 1998, the fall in energy prices could be used
A. to explain why productivity growth increased.
B. to indicate improvements in workforce quality.
C. to indicate the lack of investment.
D. to explain why productivity growth fell.
Answer: A
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Which of the following is not one of the three key services provided by the financial system to savers and borrowers?
A) risk sharing B) credit counseling C) liquidity D) information
An increase in a country's population may contribute to the rate of technological progress because a larger population
a. forces the capital stock to be spread more thinly. b. forces natural resources to be spread more thinly. c. brings with it more scientists, inventors, and engineers. d. brings with it more favorable recognition from other countries.
Skyline Chili wants to finance the purchase of new equipment for its restaurants. The firm has limited internal funds, so Skyline likely will
a. demand funds from the financial system by buying bonds. b. demand funds from the financial system by selling bonds. c. supply funds to the financial system by buying bonds. d. supply funds to the financial system by selling bonds.
If one euro is equal to 0. 60 U.S. dollars, what would be the euro price of a car that costs $10,000?
A. 10,000 euros. B. 60,000 euros. C. 5,000 euros. D. 16,667 euros.