A decrease in capital/labor ratio enhances economic growth.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Suppose Phillips and Mathew are the only tenants in a building. The owner of the building is considering installing surveillance cameras in the building
The following table shows the amount that Phillips and Mathew are willing to pay for each additional camera: Number of Surveillance Cameras Phillips's Willingness to Pay Mathew's Willingness to Pay 1 $400 $300 2 $310 $200 3 $210 $110 4 $80 $30 If the cost of installing each surveillance camera is $320, how many cameras will the owner of the building install to maximize welfare?
If the U.S. government sells bonds to fund improvements in infrastructure, and the bonds are bought by foreigners, the burden on future U.S. taxpayers
A) is not increased so long as the return on the improvements is at or above the borrowing cost. B) is not increased so long as the return on the improvements is below the borrowing cost. C) is not increased so long as the return on the improvements is above zero. D) is increased regardless of the borrowing cost and the return on the improvements.
The supply of loanable funds is determined by all of the following except
A. Risk. B. Time preferences. C. Demand for loanable funds. D. Interest rates.
Publicly provided education is generally considered
A. a public good that generates positive externalities. B. not to be a public good that generates negative externalities. C. not to be a public good that generates positive externalities. D. a public good that generates negative externalities.