According to the new growth theory
What will be an ideal response?
knowledge about how to produce goods and services is an important source of economic growth.
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If Healthy Bars agrees to sell its snack bars to a large grocery chain on the contractual condition that the grocery chain does not sell any of Healthy Bars' competitors' snack bars, this is an example of ________.
A) a horizontal contract B) a tying arrangement C) a requirements contract D) an exclusive dealing contract
Politicians have suggested that the budget deficit could be reduced by
A) increasing taxes and reducing expenditures. B) lowering the interest rates. C) imposing higher tariffs on imported goods. D) forbidding interest payments on government bonds outsourcing.
Factors of production is another name for
a. the goods produced in a production possibilities table b. the goods not produced in a production possibilities table c. the goods produced in international trade d. resources e. money
Aggregate demand is ______ than the quantity of real GDP demanded at different price levels.
a. slightly more b. less c. the same as d. much more