All of the following increase total factor productivity except
A) new inventions.
B) more capital.
C) new management techniques.
D) favorable changes in government regulations.
B
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When the price of margarine is $2 per unit, 10 units of butter are demanded. When the price of margarine increases to $6 per unit, 30 units of butter are demanded. What is the cross-price elasticity between the two goods?
A) -1 B) 1 C) 2 D) 5
Which statement is true?
A. The U.S. is both the world's leading creditor nation and the leading debtor nation. B. The U.S. is neither the world's leading creditor nation nor the world's leading debtor nation. C. The U.S. is the world's leading creditor nation and not the world's leading debtor nation. D. The U.S. is the world's leading debtor nation and not the world's leading creditor nation.
Mutual funds are primarily held by
A) financial institutions. B) households. C) nonfinancial businesses. D) the Social Security trust fund.
Use the information in the above table. If Income was evenly distributed, each person would receive
A) $9,000. B) $2,500. C) $1,800. D) $1,000.