Productivity growth rates are usually higher in rich countries than in poor countries
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Define and give an example of how a spell of frictional unemployment can begin
What will be an ideal response?
Economics
GATT is an acronym (stands for)
a. Good and Total Trade b. General Agreement on Tariffs and Trade c. Greater Agreements Toward Trade d. Gold and Trade Transactions e. Greater Area Trade Transactions
Economics
When the government taxes and spends, each activity affects GDP in the same proportion
a. True b. False Indicate whether the statement is true or false
Economics
One indication that an industry might be oligopolistic is that prices change
A. infrequently. B. frequently. C. in rhythmic patterns. D. on a regular, periodic basis.
Economics