Growth is advantageous to a nation because it:
A. promotes faster population growth.
B. lessens the burden of scarcity.
C. eliminates the economizing problem.
D. slows the growth of wants.
B. lessens the burden of scarcity.
Economics
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From the nineteenth century until the 1930s, the United states most consistently adhered to
A) the Bretton Woods system. B) a managed-float exchange rate system. C) a freely-floating exchange rate. D) the gold standard.
Economics
What is a result of unemployment that is very low?
What will be an ideal response?
Economics
Describe the major sources of revenue and major types of expenditures at each level of government
What will be an ideal response?
Economics
The marginal rate of transformation is the slope of the production possibility frontier.
Answer the following statement true (T) or false (F)
Economics