Aggregate supply grows over time because of growing consumer and government spending
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is NOT one of the three primary sources of private investment funds flowing into developing nations?
A) portfolio investment B) bank loans C) World Bank and IMF loans D) foreign direct investment
If your income is $92,000 and you pay taxes of $19,475, what is your average tax rate? Show your work
What will be an ideal response?
Which of the following most accurately describes changes in life expectancy?
a. Life expectancy was relatively low until 1750, after which it increased rapidly. b. Life expectancy has increased steadily during the past 6,000 years. c. Life expectancy was low until after World War II, after which it increased very quickly. d. Life expectancy has exhibited significant cyclical patterns of growth and decline.
With respect to factors of production, which of the following statements is not true?
A. Factors of production are also known as resources. B. Only those resources that are privately owned are counted as factors of production. C. In order to produce any good or service, it is necessary to have factors of production. D. Factors of production include land, labor, capital, and entrepreneurship.