According to new growth theory, firms accumulate the efficient level of both physical and knowledge capital
Indicate whether the statement is true or false
FALSE
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In order to explain the relative sizes of families in urban versus rural environments, some economists viewed children as investment or durable consumptions goods, respectively
Indicate whether the statement is true or false
With sticky nominal wages an unexpected decline in aggregate demand can be expected to cause.
What will be an ideal response?
Refer to the above diagram. The highest price that buyers will be willing and able to pay for 100 units of this product is:
A. $60. B. $30. C. $40. D. $20.
The slope of a line is the
A. values on the y-axis divided by the values on the x-axis. B. values on the x-axis divided by the values on the y-axis. C. change in the values along the x-axis divided by the change in the values along the y-axis. D. change in the values along the y-axis divided by the change in the values along the x-axis.