Government failure describes a situation where government activity creates negative externalities
Indicate whether the statement is true or false
F
Economics
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The rate of growth in real GDP minus the rate of growth of the population is the
A) rate of growth of nominal GDP. B) population growth rate. C) rate of growth of per capita real GDP. D) unemployment rate.
Economics
If a country operates on its PPF, it achieves production efficiency
Indicate whether the statement is true or false
Economics
How wages are determined is best described by:
A. economic factors only. B. economic factors, with strong influences by political and social forces. C. government regulation only. D. political and social forces only.
Economics
What are the effects of a reciprocity strategy on game outcomes?
What will be an ideal response?
Economics