Which of the following does not contribute to an increase in productivity?
A. Research and development.
B. Income transfers.
C. Capital investment.
D. Improvements in the quality of labor.
B. Income transfers.
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In the late 1970s, ________ of all firms were less than a year old. In recent years, ________ were
A) about 40 percent; about 20 percent B) almost half; less than one-quarter C) less than 5 percent; more than 40 percent D) more than 15 percent; only about 8 percent
Whether or not the positive externalities generated by education are inframarginal can be measured with a great degree or certainty
a. True b. False
The value of the deposit multiplier is 1 divided by the required reserve ratio
a. True b. False Indicate whether the statement is true or false
The argument for greater equality of income distribution in the United States hinges on the idea that low-income earners would be more willing and able participants in the economy if income were distributed more equally.
Answer the following statement true (T) or false (F)