Which statement is true?
A. Our rate of productivity increase was greater in the 1980s than the 1960s.
B. The key to productivity growth is an increasing labor force.
C. Rising productivity could come about with the same output from fewer units of input.
D. We have a higher growth rate than the Chinese even though they have a higher savings rate.
C. Rising productivity could come about with the same output from fewer units of input.
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M2 adds together:
A) currency in circulation, checking accounts, savings accounts, travelers' checks, and money market accounts. B) currency in circulation and currency held with foreigners. C) currency in circulation, savings accounts, and held with foreigners. D) currency in circulation, checking accounts, savings accounts, travelers' checks, and currency held with foreigners.
During the expansion phase of the business cycle, which of the following eventually increases?
A) income B) production C) employment D) all of the above
A basic principle in management is that where there is risk, there is ________
a. Opportunity b. Reliability c. Decision making d. Extenuating circumstances
The discount rate is the rate of interest charged when banks lend excess reserves to one another.
a. true b. false