Other things equal, advances in technology make resources more productive
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Answer the next question based on the following data.OutputTotal Cost0$24133241348454561669The fixed cost of production is
A. $12. B. $9. C. $33. D. $24.
The tax multiplier
A) is negative. B) is a measure of how much taxes will fall when income is falling. C) is larger in absolute value as compared to the government spending multiplier. D) is always less than one.
Life expectancy at birth in the United States has more than doubled since 1850
Indicate whether the statement is true or false
Dependency theory characterizes countries as being either in the center or on the periphery. Explain these two concepts. If this theory is correct, what are the implications for development strategy?
What will be an ideal response?