Over time, foreign investment is credited with the greatest contribution to economic growth in the United States.

Answer the following statement true (T) or false (F)


False

Over time, research and development are credited with the greatest contribution to economic growth in the United States.

Economics

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Picture a competitive market with the usual upward sloping supply curve and downward sloping demand curve. If the current price is creating a shortage, then market forces will cause the price to adjust and

A. quantity supplied will increase. B. quantity demanded will increase. C. quantity supplied will decrease. D. demand will decrease.

Economics

A movement along the aggregate production function is the result of a change in

A) the quantity of labor. B) technology. C) capital. D) interest rates.

Economics

How much is a person’s investment worth after 25 years if they invest $200 at 3%?

a. $418 b. $350 c. $275 d. $260

Economics

During the past 1000 years, the income per person of the world has

a. increased each century, and it is now five times greater than the level of 1000 years ago. b. risen rapidly in Western Europe, North America, Japan, and Australia, but there has been little change in income per person in other parts of the world. c. increased by approximately tenfold during the past 200 years, but there was only a small increase during the 800 years prior to 1800. d. persistently increased, but the largest increases occurred during the 1200 to 1800 era.

Economics