Which one of the following does NOT contribute to economic growth?
A) increases in the price level B) the growth of capital and labor productivity
C) the growth of the labor force D) the growth of the capital stock
A
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A pecuniary externality _____
a. affects the prices facing the third parties on which the externality falls b. affects the products bought by third parties c. affects the production functions of third parties d. affects the production functions of producers of the externalities
Most economists are in favor of price controls as a way of allocating resources in the economy
a. True b. False Indicate whether the statement is true or false
Equilibruim Quantity
What will be an ideal response?
Competitive forces will reduce the effects of employers’ discrimination over time.
Answer the following statement true (T) or false (F)