Society can increase its output and income by increasing its
A. resources and/or the productivity of the resources.
B. private and public sectors of the economy.
C. spending and taxes.
D. markets and prices.
Answer: A
Economics
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Human capital refers to the accumulated skills and training that workers possess
Indicate whether the statement is true or false
Economics
If two goods were to become even stronger substitutes than before, an economist would expect the cross elasticity to become:
a. positive. b. one. c. zero. d. smaller. e. larger.
Economics
Which of the following fixed exchange rate regimes has very little monetary policy autonomy?
A) dirty float B) open peg C) open nonpeg D) closed
Economics
In an inflationary gap, equillibrium ______ full-employment GDP
Fill in the blank(s) with the appropriate word(s).
Economics