The growth rate in potential GDP is equal to the growth rate in the population.
Answer the following statement true (T) or false (F)
False
Economics
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A positive externality is:
A. an external benefit. B. an external cost that affects the buyer. C. an external cost that affects the seller. D. a benefit that affects the buyer, not the seller.
Economics
Streaming Netflix movies would be considered:
A. a common resource. B. a private good. C. a public good. D. an artificially scarce good.
Economics
In the United States, the dollar was commodity backed by:
A. gold. B. silver. C. oil. D. diamonds.
Economics
An example of a nonrenewable resource would be:
A. Forests B. Oceans C. Gold ore D. Solar energy
Economics