Data suggest that which of the following are necessary for high rates of economic growth?
A) private property rights.
B) free markets.
C) clear incentives.
D) all of these choices.
D
You might also like to view...
Your real disposable income is your real income after you have paid
A) consumption expenses. B) rent and food expenses. C) net taxes. D) medical expenses.
Discuss the main factors affecting the position of the AA schedule
What will be an ideal response?
Which of the following best illustrates the mutual interdependence among firms in the airline industry?
A) The considerable efforts made by the various competitors to coordinate fare increases. B) The unwillingness of individual firms to match increased amenities offered by other firms. C) The substantial profits airlines have earned over the past several years. D) The virtual absence of control over costs by any of the firms operating in the industry.
Refer to the above figure. Total cost for this firm equals
A) P2. B) P3. C) 0P2bQ1. D) 0P3cQ1.