The National Rifle Association (NRA) lobbies aggressively for the interests of gun owners. For example, the NRA has been instrumental in passing conceal-and-carry laws in several states. Such behavior on the part of NRA is called
A. rent-seeking behavior.
B. government failure.
C. discrimination.
D. consumer loss.
Answer: A
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When each box in an organization chart contains individuals who specialize in some field, then the activities in the organization are categorized by _____
a. divisionalization b. functionalization c. decentralization d. de-integration
The key to increasing economic growth is to ____
a. increase tax rates b. increase labor productivity c. increase inflation d. increase population growth e. increase the level of federal govt spending
What are the sources of increasing returns and economies of scale of the recent increase in trend rate productivity experienced in the U.S.?
Please provide the best answer for the statement.
Insufficient capital formation can limit a poor nation's economic growth.
Answer the following statement true (T) or false (F)