U.S. productivity growth rebounded in 1995-2000 largely as a result of:
A. increases in human capital.
B. advances in information and communication technology.
C. increased political stability.
D. discoveries of new natural resources.
Answer: B
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Indicate whether the statement is true or false
A decrease in money supply causes the real interest rate to ________ and the price level to ________ in general equilibrium
A) rise; rise B) remain unchanged; fall C) remain unchanged; rise D) fall; fall
When the marginal costs of firms in perfect competition increases, the short-run supply curve of the industry will shift to the left
a. True b. False Indicate whether the statement is true or false
Which of the following hinders economic freedom?
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