Growth accounting is seen a useful way to estimate this inputs contribution to growth:
A. technology.
B. physical capital.
C. labor.
D. land.
A. technology.
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Which of the following may result when workers have much better information about their own productivities than employers have?
a. discrimination b. natural selection c. principal-agent problems d. unemployment e. adverse selection
When the government steps in to help determine prices, it is called
a. price ceilings. b. price floors. c. equilibrium prices. d. price control.
Based on the graph showing the type of health insurance and coverage status in the United States in 2016, about ______ percent of people have no coverage at all.
a. 9
b. 25
c. 48
d. 75
Refer to the diagram. If the equilibrium price level is P 1 , then:
A. aggregate demand is AD 2 .
B. the equilibrium output level is Q 3 .
C. the equilibrium output level is Q 2 .
D. producers will supply output level Q