What is the difference between the structural stagnation hypothesis and the secular stagnation theory?
A. Structural stagnation sees foreign countries moving down the value-added chain as the cause of a stagnation, while secular stagnation sees foreign countries moving up the value-added chain as the cause of a stagnation.
B. Structural stagnation sees too little investment as the cause of a stagnation, while secular stagnation sees globalization as the cause.
C. Structural stagnation sees globalization as the cause of a stagnation, while secular stagnation sees too little investment as the cause.
D. There is no difference, they both attribute stagnation to too little investment.
Answer: C
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Refer to the information provided in Figure 3.18 below to answer the question(s) that follow.
Figure 3.18Refer to Figure 3.18 The market is initially in equilibrium at Point A. If demand shifts from D1 to D2, the equilibrium price will change from ________ and the equilibrium quantity will change from ________.
A. $3.00 to $4.00; 250 to 350 B. $4.00 to $3.00; 350 to 250 C. $4.00 to $3.00; 250 to 350 D. $3.00 to $4.00; 350 to 250
Which one of the following would benefit financially from unanticipated inflation?
A) a borrower whose loan has a fixed nominal interest rate B) a borrower with an adjustable rate mortgage C) a bank that has made loans at a fixed nominal interest rate D) a firm whose workers are covered by a COLA agreement
The "rate of return" refers to:
a. the increase in future output made possible by investing one unit of current output in capital accumulation. b. the dividend payments made on corporate issued stock. c. the increase in current output made possible by investing in units of future output in capital accumulation. d. the rate at which capital depreciates.
If an extra worker allows a child care center to care for an extra nine children per week, the weekly price of childcare per child is $200, and the other workers are all paid wages and benefits totaling $500 per week, then the marginal revenue of that additional worker is
A. $4,500 per week. B. $1,800 per week. C. $1,300 per week. D. $2,700 per week.