The relation between growth, as measured in ________, is an inverted U.
A. income and expenditure
B. human capital and physical capital
C. saving and investment
D. per capita income and pollution
Answer: D
You might also like to view...
One of the major functions of financial markets is to help people reduce risk. Describe two financial methods people can use to reduce their exposure to risk
What will be an ideal response?
If the United States imposes a tariff on foreign chocolate, how are U.S. producers of chocolate affected?
A) The quantity of chocolate they sell decreases because U.S. consumption of chocolate decreases. B) The quantity of chocolate they produce increases. C) The price at which they sell their chocolate falls. D) They are harmed because foreign exporters of chocolate increase their supply in response to the higher price. E) They are unaffected because the quota applies to foreign producers, not to U.S. producers.
Suppose a business firm dumps its used car batteries into a river.
A. The company's actions constitute an external cost. B. The company's actions constitute an external benefit. C. The company's actions would be an example of the market system efficiently allocating resources. D. The company's actions damage no one but itself.
Which of the following will increase commercial bank reserves?
A. The purchase of government bonds in the open market by the Federal Reserve Banks B. An increase in the reserve ratio C. An increase in the discount rate D. The sale of government bonds in the open market by the Federal Reserve Banks