Economic growth depends more on technological change than on increases on capital per hour worked
Indicate whether the statement is true or false
TRUE
You might also like to view...
Based on research conducted on the productivity of Hispanic and non-Hispanic workers, an employer decides to hire non-Hispanic workers. This is an example of:
A) cultural discrimination. B) special interest group discrimination. C) statistical discrimination. D) taste-based discrimination.
In the above figure, the economy will be at full employment if the price level
A) is 110. B) is above 110. C) is below 100. D) All of the above are possible because the economy will be at full employment at any price level at, above, or below 110.
People tend to spend more money the ______ the amount of credit available and the ____ the stock of liquid assets in the hands of consumers.
A. higher; higher B. lower; lower C. higher; lower D. lower; higher
Explain the equation of exchange.
What will be an ideal response?