A nation’s growth rate can be increased by
A. increasing government spending.
B. regulation on the tech sector.
C. investment towards capital.
D. deportation of skilled immigrants.
Answer: C
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Refer to Table 4-4. The table above lists the highest prices three consumers, Curly, Moe, and Larry, are willing to pay for a bottle of champagne. If the price of one of the bottles is $27 dollars, total consumer surplus will be
A) $0. B) $14. C) $26. D) $53.
When the yield curve is flat or downward-sloping, it suggest that the economy is more likely to enter
A) a recession. B) an expansion. C) a boom time. D) a period of increasing output.
If the required reserve ratio is 0.25 and the First National Bank holds $10 million in demand deposits and $5 million in reserves, how much more in demand deposits is this bank capable of creating?
a. $0 b. $0.625 million c. $1.875 million d. $2.5 million e. $10 million
Figure 16.4The pollution tax in Figure 16.4:
A. increases equilibrium output. B. internalizes the pollution externality. C. increases supply. D. All of these