In the production function Real GDP = T (L, K, NR, H), the T represents the _____________ coefficient, the L represents ________________, the K represents _______________, the NR represents natural resources, and the H represents ________________
A) tax; labor; capital; humanity
B) technology; labor; knowledge; humanity
C) technology; labor; capital; human capital
D) trade; labor; knowledge; human capital
C
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Singapore had a GDP per capita of $395 in 1960, and $52,918 in 2013. The U.S had a GDP per capita of $2,881 in 1960 and $52,839 in 2013. Such a growth is referred to as:
A) instant growth. B) disguised growth. C) catch-up growth. D) sustained growth.
David McClelland, a Harvard psychologist, stressed that individuals vary in their need for ________________
a. Achievement, which he called the "n Ach." b. Acceptance c. Success and happiness d. Positive outcomes
What institution or initiative has actively marshaled scientific evidence to remove doubts about the seriousness of global warming?
a. NATO b. the Convention on Biological Diversity c. the Intergovernmental Panel on Climate Change d. the United Nations Economic Program
Are property taxes progressive or regressive?
What will be an ideal response?