Economic growth is________ improved health conditions in a nation.
A. always more important than
B. not necessarily needed for
C. always needed for
D. negatively related to
Answer: B
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The key feature of monopolistic competition that distinguishes it from perfect competition is
A) many sellers. B) barriers to entry. C) interdependency. D) product differentiation.
List some factors that might make the threat of a strike more effective
Because it is generally difficult for economists to user experiments to generate data, what must they generally do?
a) do without data b) use whatever data the world gives them c) select a committee of economists to make up data for all economists to use d) use hypothetical, computer-generated data
A(n) ________ is a formal statement of a theory.
A. causal statement B. positive statement C. model D. empirical measure